You're cruising down the bustling streets of Kansas City, the air tinged with excitement and the aroma of barbecue wafting through the air. As you turn a corner, you find yourself in a vibrant, up-and-coming neighborhood, buzzing with energy and ripe with investment opportunities.
From trendy boutiques to quirky cafes and thriving art scenes, these neighborhoods are the talk of the town. But which ones should savvy investors like you be keeping an eye on?
We can help.
Read on to find out the top Kansas City neighborhoods to look at for real estate investing.
Crossroads Arts District
One of the top options is the Crossroads Arts District. This area is known for its vibrant arts scene, with numerous galleries, studios, and cultural events. Investing in this area can tap into the creative energy and attract tenants or buyers who appreciate arts and culture.
There are tons of other fun things to do in this area, so it's also a good place to look at vacation property investments.
River Market
The River Market is one of the oldest neighborhoods in Kansas City, offering a rich history and cultural heritage.
Investing in real estate here allows you to tap into this historic charm, which can be attractive to tenants or buyers seeking unique and character-filled properties. That makes your properties easier to market.
The River Market has undergone significant revitalization in recent years, with new developments, renovations, and infrastructure improvements. Investing in this area during a period of growth and development can lead to property appreciation and long-term profitability.
Overland Park
Overland Park is known for its strong economy, low unemployment rates, and having lots of different industries, including healthcare, technology, finance, and education. This economic stability can lead to steady property appreciation and rental demand.
The area tends to be low on crime, making it a safe and desirable place to live. This safety factor can attract tenants or buyers concerned about neighborhood security.
Overland Park is home to numerous corporate headquarters, office parks, and business centers, providing job opportunities and creating a strong local job market. Investing in residential or commercial properties near employment hubs can lead to strong rental demand and potential appreciation.
Waldo
Waldo is centrally located within Kansas City, providing convenient access to downtown, major highways, and other key areas of the metro area. This accessibility can appeal to tenants or buyers looking for a convenient commute and access to local amenities.
The real estate market in Waldo has historically shown stability and resilience, with steady property appreciation over time. Investing in a stable market can provide long-term investment security and potential for steady returns.
Real Estate Investing in Kansas City: Start Today
Now that you know the top neighborhoods in Kansas City for real estate investing, it's time to start shopping for property.
Are you ready to start hiring qualified property managers for your new properties? You don't have to look very far. PMI Destination Properties is part of a franchise with decades of experience supporting landlords with all different levels of experience.
Contact us today.
