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1000 Berkley Parkway

Riley Wilson Of Griffin Capital Purchases 407 Unit Multifamily Asset From Buckingham Companies For $113.5M
SOLDMultiFamily

Riley Wilson Of Griffin Capital Purchases 407 Unit Multifamily Asset From Buckingham Companies For $113.5M

1000 Berkley Parkway

$113,500,000

$298/SF

Building Size

380,563 SF

Asset Type

MultiFamily

Closing

Nov 13, 2025

AI

The property involved in the transaction is a multifamily asset located at 1000 Berkley Parkway in Kansas City, MO. This asset encompasses 407 units, with a sale price of $113,500,000. The total square footage of the property is 380,563, resulting in a price per unit of $278,869 and a price per square foot of $298.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $113,500,000
  • Buyer: Riley Wilson - Griffin Capital
  • Seller: Buckingham Companies
  • Broker: Harry Trotter - MMG Real Estate Advisors
  • Units: 407
  • Total Square Footage: 380,563
  • Price Per Unit: $278,869
  • Price Per Square Foot: $298

The transaction featured key individuals such as buyer Riley Wilson representing Griffin Capital and seller Buckingham Companies in the deal. The broker involved in facilitating the transaction was Harry Trotter from MMG Real Estate Advisors.

Players

Harry Trotter

MMG Real Estate Advisors

Broker

$113.5M

vol

2 deals

Broker
MMG Real Estate Advisors
MMG Real Estate AdvisorsBrokerage

Kansas City MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.14%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93