Retreat on 63rd Apartments

Retreat on 63rd Apartments presents a rare fee-simple multifamily investment opportunity in the established Raytown submarket of the Kansas City MSA. Offered at $3,495,000 ($79,432 per unit), this 44-unit community encompasses 31,240 rentable square feet on 5.6 acres and is currently 93% occupied. Newly renovated and in lease-up, the property delivers immediate cash flow with upside potential through continued rent optimization and operational efficiencies.

Built in 1960 of wood, block and brick construction, Retreat on 63rd has been thoughtfully updated to meet today’s renter expectations. Renovations include refreshed interior finishes across all units, exterior upgrades and a modernized in-ground pool amenity.

Expansive grounds provide ample resident parking and outdoor gathering spaces, further enhancing tenant satisfaction and retention. Strategically situated just one mile from downtown Raytown and adjacent to Raytown High School and Middle School, this asset benefits from strong school district appeal and excellent access to major retail corridors and employment centers throughout the 662 market. With turnkey operations in place and a proven occupancy track record, Retreat on 63rd offers investors a compelling entry point into a stable, high-demand submarket.