MLG Capital acquired Summit Crossing, a multifamily asset in Kansas City, Missouri, within the Lee’s Summit school district.
The multi-phase townhome and apartment property was completed in 2019 and features 336 units spread across an expansive, garden-style site. Nearly 60 percent of units are townhomes with attached garages. Amenities at the property include two heated pools, a clubhouse, fitness center, business center, pickleball courts and more.
Summit Crossing is located in a desirable area of the Kansas City MSA, zoned to a well-rated school district and situated near numerous employers and retail offerings. According to the Federal Reserve Bank of St. Louis, the Kansas City MSA has seen more than 20 percent population growth since 2000 and was named a top 10 rental market in 2024 by RentCafe.
Summit Crossing is MLG’s fourth acquisition in the Kansas City MSA and brings MLG’s total number of units owned in the Kansas City metro to 1,249.
