EHP Capital, Aspen Funds Close Acquisition of KC Apartments
EHP Capital and Aspen Funds have just closed the $27 million acquisition of Hunters Glen Apartments, a 253-unit multifamily community in the Kansas City market.
This deal marks a significant expansion in the Midwest and the partnership will launch a comprehensive renovation plan to modernize interiors and upgrade amenities. “Hunters Glen represents the type of value-add multifamily asset that aligns with our mission to deliver safe, affordable housing while preserving and growing investor capital,” said Bernard Alexander Pierson, Co-Founder & Managing Partner of EHP Capital.
Built in 1975, the 253-unit community is located in Platte County. The contemporary rental community offers studios, one-, two-, and three-bedroom apartments. Located near I-29, Hunters Glen Apartments is situated near amenity centers including Zona Rosa, Village at Burlington Creek and Shops at Boardwalk.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout