- Irreplaceable Riverfront Location-Directly Adjacent to $1B+ in Economic Development
- Effective Rents Well Below the Competitive Set–Tremendous Mark to Market Potential
- Spacious & Open-Concept Floor Plans Among the Largest in the Submarket
- Premier Transit Oriented Locale Situated on the Kansas City Streetcar Line
- Strong Historical Performance with 8.4% EGI Growth YoY
- Long Term (100%) Tax Exemption Through 2041
- Strong Surrounding Demographics & Superb Submarket Fundamentals
- Offered Free & Clear of Existing Debt
Irreplaceable Riverfront Location – Directly Adjacent to $1B+ in Economic Development
Union Berkley is strategically positioned within Kansas City’s rapidly evolving Berkley Riverfront, a district at the center of over $1 billion in public and private investment. The neighborhood is undergoing a once-in-a-generation transformation, driven by catalytic projects and infrastructure improvements that are reshaping the city’s connection to the riverfront. The upcoming Riverfront Streetcar Extension will link the area directly to the Central Business District and broader transit network, enhancing long-term connectivity and livability. As commercial, cultural, and civic developments take shape, Union Berkley stands to benefit from sustained renter demand and long-term value appreciation in one of the most ambitious and impactful urban revitalization efforts in Kansas City’s history.
Effective Rents Well Below the Competitive Set – Tremendous Mark to Market Potential
Union Berkley’s current average effective rent of $1,571 per unit ($1.76/sqft) is well below other luxury communities in the surrounding urban core, many of which are achieving effective rents between $1.80 and $2.70 per square foot, with top of market rents exceeding $3.00/sqft. Despite delivering high-end finishes, expansive layouts, and a highly desirable riverfront location, Union Berkley maintains a meaningful rent delta that presents a clear path for revenue growth. With some of the largest floor plans in the submarket, the property is exceptionally well positioned for a structured mark-to-market strategy that enhances yield while preserving occupancy strength. As over $1 billion in investment continues to reshape the surrounding Riverfront district, Union Berkley stands to benefit from long-term rent momentum and sustained value appreciation.
Spacious & Open-Concept Floor Plans Among the Largest in the Submarket
Union Berkley offers some of the most expansive and livable floor plans in the urban Kansas City market, with units averaging 935 square feet. The open-concept layouts include large living areas, oversized energy-efficient windows, and private balconies or patios that create a bright, airy feel throughout. Select residences feature 20-foot ceilings, upgraded appliance packages, and sweeping views of the downtown skyline, all contributing to a high-quality living experience. With thoughtful design and a wide range of floor plan options, Union Berkley appeals to renters seeking space, comfort, and flexibility in a highly walkable, transit-connected location.
