Plaza Hill Manor

Plaza Hill Manor is located in Kansas City’s Oak Park Southeast neighborhood along the Emanuel Cleaver II corridor, directly across from new Class A development and ongoing reinvestment. Residents enjoy walkable access to transit, grocery, healthcare, parks, community amenities, and quick connectivity to the Country Club Plaza and Downtown Kansas City.Plaza Hill Manor presents a rare opportunity to acquire a stabilized 162-unit workforce housing community in Kansas City’s Oak Park Southeast neighborhood with attractive assumable financing in place. The property carries approximately $4.8 million of existing debt at a 3.7% interest rate, fixed through 2030, providing a significant cost-of-capital advantage in today’s lending environment. Long-term ownership has maintained consistent occupancy and operations, while rents remain materially below market benchmarks. With meaningful rent upside and direct exposure to ongoing corridor redevelopment, the asset offers both immediate yield support and long-term appreciation potential.