Property Description

The Property is a Class-A apartment community with spacious interiors and attractive finishes. Community amenities include a clubhouse, business center, fitness center, game room, swimming pool, and a picnic and grilling area. The Property was renovated in 2019 and contains a mix of fully and partially renovated units as well as classic units.

Built in 2009, the Property is a 309-unit apartment community totaling 299,813 net rentable square feet, situated on 9.8 acres with 433 parking spaces, including 141 carports and 25 detached garage spaces. As of July 28, 2022, the Property was 95.8% occupied with an average monthly rent of $1,397.

 

Property Type

Multifamily

Structure

Delaware Statutory Trust

CF West End
Multifamily DST

KS

Remaining Availability

64% Remaining

Total Funds
$73,100,000
Remaining Availability
$30,000,000
Minimum Investment
$250,000
Funded To Date
$17,000,000
Est. Hold Period
See PPM
Leverage
35.7%
Equity Raise
$47,000,000
Price/SF or Price/Unit
$237,337/Unit

For More Details

 
 
 

Location Details

 
 
 

Population

See PPM

Population Growth

See PPM

About The Area

The Property is located approximately 20 miles southwest of downtown Kansas City within Lenexa City Center, a 200-acre development comprised of a mix of shopping, restaurants, entertainment venues as well as offices, hotel and residential options. The area is Lenexa’s new downtown and includes a new City Hall, Park University, the Lenexa Public Market, and Lenexa Recreation Center. The Property is strategically located adjacent to Interstate 435 and less than four miles from Interstate 35, providing convenient access throughout the region. The Property is located in the Indian Shawnee Mission School District, which is ranked as the eighth best school district in Kansas

 

Sponsor

Cantor Fitzgerald was formed in 1945 as an investment bank and brokerage. Over the past 70 years, we have grown to become one of the world’s pre-eminent financial services firms.

Cantor is globally recognized for its:
• Strength in the equity and fixed income capital markets
• Global institutional distribution model
• Commercial real estate financing
• Institutional distribution business model
• Leading position as a premier dealer of government securities