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Updated over 1 year ago, 05/22/2023
"Gap" in South KC with super limited inventory on market, any insight?
Hey all, I've been monitoring different parts of KC and somewhat recently noticed a trend of very limited inventory available between 63rd and 75th going north/south and Wornall and Prospect going West/East. I attached an image showing plenty of inventory outside of that immediate area... any insight on why there is a bit of an inventory desert there? I see some properties post but they seem to get swooped up, am I reading this right as a potential hot-spot where inventory is turning over faster due to increased demand?
Thanks in advance for any insight.
Bumping this back up to see if anyone familiar with KC market has any insight.
I am not for sure on this but it looks like they are building it up. I see a pretty big project of 120,000 sf on 63rd and prospect. That might have something to do with it!
Thanks for the insight Roman, I'm an OOS investor with 2 properties in that box so was curious if there was something going on I didnt have eyes on. Open for any insight from others as well.
Happy Monday all!