**EHP Capital and Aspen Funds Complete $27 Million Acquisition of Kansas City Multifamily Community**
EHP Capital and Aspen Funds have finalized the $27 million purchase of Hunters Glen Apartments, a 253-unit multifamily property located in the Kansas City market. This acquisition signifies a substantial expansion into the Midwest for both firms, as they plan to implement an extensive renovation initiative aimed at modernizing interiors and upgrading amenities across the property.
“Hunters Glen represents the type of value-add multifamily asset that aligns with our mission to deliver safe, affordable housing while preserving and growing investor capital,” said Bernard Alexander Pierson, Co-Founder and Managing Partner of EHP Capital.
Originally built in 1975, the Hunters Glen Apartments community is located in Platte County and offers a range of floor plans, including studio, one-, two-, and three-bedroom units. Situated near Interstate 29, the property is conveniently located near several lifestyle and shopping hubs, such as Zona Rosa, Village at Burlington Creek, and Shops at Boardwalk.
The acquisition marks a continued trend of strategic investment in workforce housing by both EHP Capital and Aspen Funds, who aim to create long-term value for residents and investors alike through targeted property improvements.
