$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. Land MLS:2582644