Brookside 51

5100 Oak Street, Kansas City, MO, 64112, US

Description

Jones Lang LaSalle (“JLL”) is pleased to present Brookside 51, the premier luxury apartment community located next to the University of Missouri-Kansas City in the heart of Kansas City’s most dynamic submarket, South Plaza. Built in 2018, this Class A property features 170 high-end apartments, a full amenities package including a dazzling sundeck with water feature, the city’s only Whole Foods, and a UMKC Student Services Office.

Brookside 51’s unbeatable location provides residents easy access to both UMKC & Rockhurst University campuses, nearby employers like Hallmark & Russell Stover, and the best restaurants and shopping in the city at Country Club Plaza. Starting in October, Brookside 51 is now even more accessible as residents can hop on the KC Streetcar at the new UMKC stop at their doorstep.

Brookside 51 presents a remarkable “Eds & Meds” opportunity for investors in a top Midwest market for population and rent growth. This offering is subject to an 80-year ground lease and is the beneficiary of a CID incentive.

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Attributes

Number of units

170

Occupancy

98%

Year built

2018

Parking spaces

440

Media

Investment Highlights

Premier Eds & Meds Location
Minutes to Country Club Plaza—Home to 120+ Shops & Eateries Spanning 15 Blocks
Steps from UMKC & Rockhurst University& 10 minutes to downtown KC
Steps to a brand new KC Streetcar Stop

Stellar Plaza Area Demographics
Average Resident Household Income of $159,000
Low Rent-to-Income Ratio of 15%
29% Student/Grad Student Renter Base

Class A Asset & Amenities
Spacious Floor Plans Featuring Open Kitchens, Large Dining Areas, & Ample Closet Space
On-site Whole Foods & UMKC Student Services
Outdoor Water Lounge & Outdoor Amenity Deck