Hamilton Zanze Affiliate Acquires 448-Unit Complex in Overland Park

Posted November 26, 2024

San Francisco-based real estate firm Hamilton Zanze has helped secure the acquisition of The Highlands, a 448-home garden-style apartment community in Overland Park.

Hamilton Zanze sponsored the purchase of The Highlands, according to a release. Mission Rock Residential, an affiliate of Hamilton Zanze, is now the manager of the property. The acquisition closed on Nov. 14.

The Highlands, located at 10020 W 80th St. is a 448-home garden-style apartment community with homes ranging from 791 to 1,452 square feet. Constructed in 2005, the property units feature stainless steel appliances, built-in microwaves, hard-surface countertops, hardwood-inspired flooring, full-size washers and dryers, private patios or balconies, carpeting and more.

“Our KC portfolio continues to be a high performer in a turbulent national multifamily market,” president and chief investment officer at Hamilton Zanze, David Nelson, said in the release. “By sponsoring the acquisition of The Highlands, we expect to continue this trend by capitalizing on the submarket’s attractive apartment supply-and-demand dynamics and robust employment growth. Kansas City remains a target market for HZ’s investors, and we are excited for further portfolio growth in 2025 and beyond.”

This acquisition marks Hamilton Zanze’s sixth sponsored acquisition of 2024.