The Bluffs

7005 N Bales Avenue, Gladstone, MO

138

Units

Acquisition Date:

Overview

The Bluffs is a 138 unit multifamily community in Kansas City’s Northland, located in a resilient workforce housing submarket with consistent occupancy and a durable rent base. Units average approximately 950 square feet, with amenities including a swimming pool, clubhouse, laundry facilities, and outdoor space. Most units remain in classic condition, providing clear value add potential through interior modernization while maintaining attainable rents. The business plan includes targeted amenity, common area, and exterior improvements, and the asset is already outperforming expectations with forward looking NOI of approximately 850,000, exceeding original projections. Situated in Clay County, the metro’s leading employment growth area, and supported by major regional employers, The Bluffs is well positioned for continued rent growth. The acquisition was financed with a 7.5 million Fannie Mae loan featuring a five year fixed rate at 5.16 percent and three years of interest only, supporting strong early cash flow and long term value creation.

Location

© Copyright 2026. All Rights Reserved

The content provided on this website is for informational purposes only. While the information presented is believed to be accurate as of the date posted, no representation or warranty, express or implied, is made as to its accuracy, completeness, or reliability. All summaries, projections, opinions, and statements are provided for discussion purposes only and should not be relied upon as guarantees of future performance.

Nothing on this website constitutes an offer to sell or a solicitation of an offer to buy any securities or investment interests. Any investment involves significant risk, including the possible loss of principal. Past performance is not indicative of future results. Visitors to this website should conduct their own independent due diligence and consult with their own legal, tax, and financial advisors before making any investment decisions.

The authors and their affiliates expressly disclaim any and all liability for any direct, indirect, or consequential loss or damage arising from the use of, or reliance upon, any information contained on this website. All financial information, projections, assumptions, and estimates are subject to change without notice. Any references to potential returns or performance are illustrative only and do not constitute a guarantee of results.

By accessing or using this website, you acknowledge and agree that you are solely responsible for your own investment decisions and for independently verifying all information presented herein.

© Copyright 2026. All Rights Reserved

The content provided on this website is for informational purposes only. While the information presented is believed to be accurate as of the date posted, no representation or warranty, express or implied, is made as to its accuracy, completeness, or reliability. All summaries, projections, opinions, and statements are provided for discussion purposes only and should not be relied upon as guarantees of future performance.

Nothing on this website constitutes an offer to sell or a solicitation of an offer to buy any securities or investment interests. Any investment involves significant risk, including the possible loss of principal. Past performance is not indicative of future results. Visitors to this website should conduct their own independent due diligence and consult with their own legal, tax, and financial advisors before making any investment decisions.

The authors and their affiliates expressly disclaim any and all liability for any direct, indirect, or consequential loss or damage arising from the use of, or reliance upon, any information contained on this website. All financial information, projections, assumptions, and estimates are subject to change without notice. Any references to potential returns or performance are illustrative only and do not constitute a guarantee of results.

By accessing or using this website, you acknowledge and agree that you are solely responsible for your own investment decisions and for independently verifying all information presented herein.

© Copyright 2026. All Rights Reserved

The content provided on this website is for informational purposes only. While the information presented is believed to be accurate as of the date posted, no representation or warranty, express or implied, is made as to its accuracy, completeness, or reliability. All summaries, projections, opinions, and statements are provided for discussion purposes only and should not be relied upon as guarantees of future performance.

Nothing on this website constitutes an offer to sell or a solicitation of an offer to buy any securities or investment interests. Any investment involves significant risk, including the possible loss of principal. Past performance is not indicative of future results. Visitors to this website should conduct their own independent due diligence and consult with their own legal, tax, and financial advisors before making any investment decisions.

The authors and their affiliates expressly disclaim any and all liability for any direct, indirect, or consequential loss or damage arising from the use of, or reliance upon, any information contained on this website. All financial information, projections, assumptions, and estimates are subject to change without notice. Any references to potential returns or performance are illustrative only and do not constitute a guarantee of results.

By accessing or using this website, you acknowledge and agree that you are solely responsible for your own investment decisions and for independently verifying all information presented herein.