Encore

About Encore

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Encore, a 322-unit, 2023-built apartment community located in the burgeoning suburb of Kansas City, Belton, MO, which has seen 6.5% population growth over the past three (3) years. Strategically located less than 1/2 mile from Interstate 49, Encore offers residents premier access to local jobs and amenities, situated less than 25 minutes from Downtown Kansas City (120K+ jobs). With top-tier finishes and a community-driven, sophisticated amenity package that rivals any asset in the MSA, Encore is seen as one of the premier properties in all of Kansas City. The forthcoming investor is also set to benefit from Belton’s expansive growth, evident in the asset’s leasing trends, as the last two (2) leases signed per floorplan are achieving an average 5.7%+ increase over in-place effective rents. Encore represents the rare opportunity to acquire a top-tier multifamily asset with explosive, organic upside.

Encore is under a PILOT tax abatement, with a fixed annual property tax schedule through 12/31/2041.