Property Listings

The subject site is a unique opportunity to acquire a suburban multifamily development site that has LCRA abatement approval for development with 320 units. The 28-acre site is currently developed with a former golf driving range and building with an asphalt paved parking lot. The site is level and is mostly a grass field. The property is located in an area that is truly superior in terms of accessibility, demographic profile, and proximity to amenities and upscale housing. The site is located near State Line in Missouri, less than one mile east of the Leawood, Kansas, and just north of Loch Lloyd. The immediate area consists of several national retailers along primary thoroughfares. The site is located along "Main Street" in Martin City and has access from East 135th Street, which is a primary roadway in the area.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Sovereign at Overland Park, a 250-unit, 2013-built apartment community located in resilient Overland Park, KS. Situated in the flourishing Johnson County submarket, which has 3.9% YoY rent growth, The Sovereign is strategically positioned adjacent to noteworthy outdoor recreation facilities, renowned local schools, and prime retail centers. Arriving to market on the tailwinds of strong financial performance, the asset provides the next investor with the rare opportunity to capitalize on in-place momentum with additional value add upside.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Summit Ridge Apartments, a 432-unit, 2001-built apartment community stationed in Lee’s Summit, MO, the most sought-after submarket in the state. Summit Ridge is attractively situated in the heart of thriving Lee’s Summit, MO, the fastest-growing city in the state. Encompassed by a growing set of economic employment drivers, retail, and entertainment venues, the area generates a significant demand for high-quality finish levels and amenity packages. With a sophisticated amenity package in place, the asset is primed to capitalize on in-place momentum and a market-proven value-add campaign, attracting an elite, affluent tenant base. Summit Ridge represents the rare opportunity to acquire an institutional quality, value-add asset in the high-growth Lee’s Summit submarket.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of, The Alton, a 348-unit multifamily development project in the Kansas City suburb of Independence, Missouri. The 10.062-acre site was formerly occupied by JC Penney and owned by special servicer LNR. It is strategically located adjacent to a Target-anchored retail center within the Independence/Blue Springs submarket, offering future residents’ convenient access to local amenities as well as a quick commute to downtown Kansas City. The area boasts strong demographics and the #4 ranked school district in all of Missouri. Kansas City’s multifamily market has stood tall against challenges experienced by many other markets across the US, and steady rent growth is forecasted well into the future. The Alton Multifamily Development Site presents an outstanding opportunity to invest in a quality Class A development in one of Kansas City’s most desired suburbs.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Donovan, a 327-unit, 2020-built apartment community located in the most sought-after submarket in the state of Missouri, Lee’s Summit. Constructed in 2020, the quality and location of The Donovan makes it one of the premier assets in all of Kansas City. The community is surrounded by a growing set of economic employment drivers, retail, and entertainment venues.

The Donovan offers a sophisticated amenity package and condo quality interiors providing a luxurious lifestyle for its residents. Lee’s Summit is the fastest growing MSA in the state of Missouri, generating significant demand for high-quality product, evident by the rent growth experienced at the Property over the previous 12-months. The Donovan represents a generational investment opportunity to acquire a best-in-class multifamily asset in the high growth Lee’s Summit market.

The Donovan is currently under a PILOT tax abatement, with a fixed annual property tax schedule through 12/31/2029.

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.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 28-unit Life at Legacy Fountains Townhomes in Kansas City, MO. This asset is situated in south Kansas City, within the Inner Jackson County submarket, where rents are projected to increase by 3.5% over the next 12 months. The asset is also highlighted by a proven value add campaign, where most recent leases are receiving $225+ premiums over in-place averages. Built in 1970, the Life at Legacy Fountains Townhomes represents the rare opportunity to invest in infill townhome assets with significant value add upside.