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721 May Street, KCMO 64105
Renovated in 2006 by Master Realty Properties (MRP), Coffee Lofts now houses 49 one- and two-bedroom lofts featuring a variety of elegant floor plans with large windows offering sweeping views to the north over the Missouri River. The concrete construction of the building offers residents a quiet environment within the homes and efficiency in heating and cooling. Coffee Lofts' amenity package includes a contemporary clubroom for entertaining. Owners have access to a fitness facility with a full range of cardio and strength training machines. There's also an outdoor patio area, attached parking garage and video security entry system. Only a handful of condos remain at Coffee Lofts with prices starting at $199,000.
FHA loans are now available for buyers in this historic building. This Federal Housing Administration (FHA) approval allows qualified homebuyers to purchase a condominium at Coffee Lofts with around 3 percent down.
Coffee Lofts is located in Kansas City's historic Garment District, which stretches five blocks from 6th Street to 11th Street. The rapid growth of this area in the 1920's cemented Kansas City's reputation as the nation's center for the clothing industry.
Remaining units at Coffee Lofts are sold with a one year home owner's warranty and are tax abated until 2009.
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