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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.

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Encore
322 Units
6407 E 163rd St
Belton, MO  64012
Posted: 7/19/2024
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.
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Summit Ridge
432 Units
701 NE Tudor Rd
Lee's Summit, MO  64086
Posted: 5/29/2024

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.

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The Donovan
327 Units
837 Donovan Rd
Lee's Summit, MO  64086
Type:  Multifamily
Posted: 4/9/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Bee Creek, 224 units located in the resort community of Branson, MO. The asset is well positioned with easy access to the heavily trafficked Branson metro (9M+ annual tourists) and surrounding employments centers. Built in 2010 with high quality materials, Bee Creek is being offered at an extremely attractive basis and has been well-maintained. The asset offers highly desirable unit amenities and layouts providing for a top-of-market property. Arriving to market 98% occupied with favorable historical leasing trends, the property offers new ownership an outstanding opportunity to acquire a stable, low-maintenance asset with a history of consistent income growth.
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Bee Creek
224 Units
200 Buzz Street
Branson, MO  65616
Type:  Multifamily
Closed: 12/9/2021

Cushman & Wakefield’s Central Midwest Multifamily Advisory Group proudly presents Pinegate East Apartments, a 222 unit, Class A apartment community located in one of the country’s most affluent and sought after counties, Johnson County, Kansas. Built in 1985 to condo standards, and still owned and meticulously maintained by the original developer, the property offers best-inclass amenities and attractive and fresh interior and exterior finishes that rival new communities in the market.

Pinegate East, located adjacent to I-35, the main commuter artery through the Kansas City metro area, is proximal to both the CBD and suburban employment centers, as well as all the area’s premier shopping districts.

With a long history of 96% occupancy and continuously climbing rents, Pinegate East offers investors an exceptional location and asset quality with significant rental upside in one of the country’s most desirable submarkets.

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Pinegate East
222 Units
9002 West 64th Terrace
Merriam, KS  66202
Type:  Multifamily
Closed: 2/1/2018