$575,000

StoneView Townhomes is a shovel-ready multifamily development in Kansas City’s Northland. The 6.1-acre site at 7800 N Oak Trafficway is fully entitled for 29 attached townhome units with all civil, architectural, and structural plans approved and permitted. Zoning allows multifamily use across 3 triplex and 5 four-plex buildings. Units range from 1,500–2,100 sq. ft., suitable for rental or for-sale models. All grading, stormwater, utility, and infrastructure permits are issued, including Final Development Plan, Land Disturbance, Private Grading, and Building Permit (July 29, 2025) The land is cleared, erosion control and silt fencing installed, and a temporary construction entrance completed. A SWPP inspection program is active. Engineering was led by SM Engineering (Sam Malinowsky, P.E.) with Beyond Surveying, S1 Structural, and Jowler Creek Architecture. Landscape and irrigation plans are approved. A temporary grading agreement with the adjacent Melody Porter property allows dirt movement, saving ~$250,000. That property is under review for an additional 41 units, expanding future development potential. The approved civil budget lists $1 million total sitework, $62,000 contingency, and land value of $652,500. All storm, sanitary, and water systems are approved, and paving meets Kansas City standards. Location offers strong connectivity to Hwy 152 and N Oak Trafficway, near Liberty and downtown. The Northland market has steady rent growth and low vacancy. Comparable townhomes lease for $2,700–$3,200 monthly; average $2,900 yields ~$1M gross income and $576,868 NOI. At a 6.5% cap, stabilized value is ~$8.9M. Asking price is $600,000. Ownership: Kansas City Real Estate Investment Services, LLC (Pat and Marta Grace, Managers). All plans, permits, and inspections are verified and current. StoneView offers a true turn-key opportunity for immediate construction with no entitlement delays in one of Kansas City’s fastest-growing corridors. mul mls: 2582882