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Apartments near Kansas City trade for $8.2 million

North Terrace Property Management sells 121-unit Grandview, Missouri, property
The Douglas Place Apartments in Grandview, Missouri, just south of Kansas City, traded in an investment sale. (CoStar)
The Douglas Place Apartments in Grandview, Missouri, just south of Kansas City, traded in an investment sale. (CoStar)
By Devan Patel with
CoStar Research
September 14, 2026 | 5:02 P.M.

An undisclosed buyer acquired the Douglas Place Apartments, a 121-unit garden-style apartment complex at 13900 Grandboro Lane in Grandview, Missouri, from North Terrace Property Management for over $8.2 million, or $68,041 per unit.

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