312 2nd Street, Platte City, MO 64079
Local realty services provided by:ERA High Pointe Realty
Listed by:michelle lutz
Office:lutz sales + investments
MLS#:2548139
Source:MOKS_HL
Price summary
- Price:$1,550,000
About this home
Discover modern, comfortable living at The Valley Apartments in the heart of Platte City! This well-maintained building, built in 1985, features 20 cozy studio apartments across two buildings, offering style, convenience, and a prime location.
Platte City is located just north of Kansas City International Airport, and offers easy access to metropolitan amenities while maintaining a small-town charm. This submarket has experienced a notable population increase of 24.5% since 2000 and exhibits strong economic and population growth and development. 35 projects, attracting over $10.5 billion in potential investments and more than 11,000 jobs have been in development in the previous 24 months including the Platte International Commerce Center a 155-acre logistic and distribution park. Platte City is also strategically located near the Northland and exciting new projects such as the Meta Data Center taking place nearby.
Residents enjoy updated appliances, open layouts, efficient PTAC heating and cooling units, on-site laundry, and convenient dedicated parking lot. Tenants pay electric, while landlord pays water and trash and offsets with a small utility fee paid by tenants. With its updated features, spacious living areas, and fantastic Platte City location, The Valley Apartments is the ideal place for tenants to call home and a great buy for investors seeking a hassle-free investment at a great price per door.
Please see Offering Memorandum for additional details and financials. Have questions about owning multifamily rental property in Kansas City? Reach out and learn about the process of purchasing this commercial real estate asset, options for financing, property management and the tax benefits that come from investing in real estate.
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Home facts
- Year built:1985
- Listing Id #:2548139
- Added:94 day(s) ago
- Updated:July 30, 2025 at 06:43 PM
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Composition
- Year built:1985
Schools
- High school:Platte City
- Middle school:Platte City
Utilities
- Water:City/Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,550,000
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