Slideshow Image

Property Listings

Refine Your Search

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.
Kansas City Development Site
28 Acres
1 E. 135th Street
Martin City, MO  64145
Type:  Land
Posted: 3/23/2024

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 Donovan
Offers Due:  Thursday, May 16, 2024
327 Units
837 Donovan Rd
Lee's Summit, MO  64086
Type:  Multifamily
Posted: 4/9/2024