Chaumiere Place Apartments
4140 North Walrond Avenue, Kansas City, MO, 64117, US
35 units
Attributes
Number of units
101
Year built
1970
Year renovated
2004
Rent & Income Restrictions
62% HAP / 100% LIHTC
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale, Northwoods Apartments. This 101-unit mixed income property is located in Kansas City, MO and benefits from a project-based Section 8 (HAP) contract on 62% of the units. The Offering presents Investors the opportunity to deploy capital into an inflation protected, government backed asset that has benefited from a 33% increase in contract rents over the last two 2 years. The HAP contract rents increased by 27% in October of 2024 and increased again by 6% in October of 2025.
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Investment Highlights
- Partial HAP Contract Provides Stable Operations
- Recent Significant Contract Rent Increase
- Proximity to Economic Drivers & Ease of Access
Media
Northwoods - Kansas City, MO (0 Properties)
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Last updated
13 Jan 2026