KC Loft Apartments – Kansas City, Missouri - Four-Building, 369 Unit Apartment Portfolio, Acquired by WRP III

OPPORTUNITY

A 369 Unit, value-add apartment portfolio joint-venture investment with Artisan Capital Group, located in downtown Kansas City, MO. The four buildings were constructed between 1899 to 1923 and converted to apartments in the early 2000s, providing a blend of historic loft-style feel, with modern amenities. The assets are located in prime locations in downtown Kansas City, including the Crossroads and Library Districts. The greater Kansas City area benefits from a diversified economy well-positioned to weather downturns in the macro economy, as well as a steadily growing population.

Assets:

Stuart Hall – 2121 Central St, Kansas City, MO 64108
Broad Lofts – 2109 Broadway Blvd, Kansas City, MO 64108
Emory Lofts – 1601 Walnut St, Kansas City, MO 64108
Library Lofts – 1004 Baltimore Ave, Kansas City, MO 64105

Property

Four-Building Apartment Portfolio

Size

369 Units

Built/Acquired

1899-1923 / 2019

Ownership

WRP III

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