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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.
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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 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
Offers Due:  Tuesday, July 9, 2024
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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Under LOI
The Donovan
327 Units
837 Donovan Rd
Lee's Summit, MO  64086
Type:  Multifamily
Posted: 4/9/2024
The Vlasis Park land parcel is a unique, one-of-a-kind opportunity to acquire a premier development site that has been approved for multifamily development. The site consists of three contiguous parcels that total 4.72 acres and the site is vacant and ready for development. The property is truly superior in terms of its West County location, accessibility, demographic profile, and proximity to amenities and upscale housing. The site is located at the northwest corner of the signalized intersection of Manchester Road and Seven Trails Drive, with frontage on four roadways and adjacent to Vlasis Park. Manchester Road is one of the most heavily traveled roadways in the St. Louis MSA with traffic counts at +/- 40,000 vehicles per day at the subject site. The immediate area consists of most national retailers along Manchester Road and residential uses in the secondary positions. The site is located in the Ballwin Multifamily Submarket, which is one of the leading submarkets in the MSA with 5,988 units, effective rent at $1,295/month or $1.40/sf, YOY rent growth at 9.0%, and 97.6% occupancy.
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Vlasis Park Multifamily Land
180 Units
14811 Manchester Road
Ballwin, MO  63011
Posted: 1/23/2023