EPC Real Estate Group Secures $26.5 Million Loan For 287-unit Development In Roeland Park Kansas
4800 Roe Parkway
$26,500,000
Units
287
Asset Type
Development Site
Closing
Nov 13, 2025
AI
The asset involved in the transaction is a development site located at 4800 Roe Parkway in Roeland Park, KS. This property is designated for the construction of The Rocks, which will consist of 287 apartment units. The financing secured for this project amounts to $26,500,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $26,500,000
- Address: 4800 Roe Parkway
- Market: Roeland Park, KS
- Units: 287
- Landlord: EPC Real Estate Group
- Broker: JLL
EPC Real Estate Group is the landlord for this development project, while JLL serves as the broker for the transaction. This financing arrangement supports the construction efforts of the 287-unit apartment project in Roeland Park, Kansas.
Players
Roeland Park Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.60%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93