Hunters Glen Kansas City, MO

Investment Highlights

• Significant Value-Add Upside with Proven $250+ Rental Premiums Post-Renovation
• $637,000+ of Additional Income via Continued Unit Interior Modernizations
• Strategic Northland Location with Proximity to Major Employers and New Development
• Located in Top-Rated Park Hill School District
• Significant CapEx - $5,000,000 Infused Since 2017
• Comprehensive Amenity Package and Diverse Unit Mix
• Offered Free and Clear of Existing Debt

Significant Value-Add Upside with Proven $250+ Rental Premiums Post-Renovation

Hunters Glen presents a substantial value-add opportunity with 208 unrenovated units, comprising 82% of the total unit count. Investors can significantly enhance property value and increase rental income by implementing modern cosmetic upgrades across these units. Planned renovations could include contemporary finishes such as sleek, high-end countertops, modern cabinetry, and stainless-steel appliances in the kitchens. Additionally, upgrades might feature luxury vinyl plank flooring, updated lighting fixtures, and fresh, stylish paint colors. In the bathrooms, new vanities, modern tile work, and updated fixtures can add a fresh, upscale feel.

Renovated units have already demonstrated impressive rent premiums, which highlight the effectiveness of these enhancements:

• One-bedroom units: $280+ rent premium post-renovation

• Two-bedroom units: $300+ rent premium post-renovation

• Three-bedroom units: $380+ rent premium post-renovation

These modern cosmetic upgrades justify the substantial rent increases, showcasing Hunters Glen as a high-upside investment with clear potential for significant income growth through strategic renovation.

$637,000+ of Additional Income via Continued Unit Interior Modernizations

New ownership has the remarkable opportunity to realize significant rent premiums through a value-add renovation program with rent increases of $250+ per unit. Just under 20% of the units have been renovated and these units have realized significant rental premiums over the classic units. Hunters Glen is primed for continued value-add implementation through completing upgraded finish packages on the remaining 80% of the unit mix.

Strategic Northland Location with Proximity to Major Employers and New Development

Located just west of US Highway 71 and minutes from Kansas City’s $1.5 billion newly completed international airport, Hunters Glen benefits from prime proximity to key employment drivers. The nearby KCI 29 Logistics Park, spanning 2,136 acres, is projected to create 9,000 jobs and generate $450 million in annual payroll, further boosting tenant demand. Additionally, the property is only a 10-minute drive from Downtown Kansas City, making it a desirable location for tenants seeking accessibility to both work and leisure.

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