Kansas City's multifamily market continues to be the most desirable asset for commercial real estate investors!Rental rate growth, strong occupancies, and increasing absorption have contributed to continued developer interest in creating new multifamily communities in the Kansas City area! Investors remain attracted to strong underlying, multifamily fundamentals, including heavy demand, low vacancies, rising rental rates, lower concessions and historically low interest rates. National positive trends in the multifamily market are expected to mark a successful year for Kansas City.
Download the full Kansas City Market Report here.
Contributor:
Aaron Mesmer
Acquisitions & Investment Sales
Block Real Estate Services
Matt Ledom
Sales Associate
Block Real Estate Services
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