Exclusive: RPM, Sentinel Trade 350 Units in Kansas City
This is the second time the asset has changed hands since its completion.
Image courtesy of Yardi Matrix
RPM has purchased Weston Point, a 350-unit multifamily community in Kansas City, Mo., from Sentinel Real Estate, according to Yardi Matrix information. Following the transaction, RPM’s management arm, RPM Living, oversees day-to-day operations at the property.
This is the second time the asset changes hands since its completion. Sentinel had previously acquired the property in 1999 for $29.1 million, or $83,142 per unit, in a deal with The Hanover Co., the same data provider shows.
Completed in 1997 at 13340 Outlook Drive, the community comprises 23 two-story buildings across a 26-acre site. Weston Point features 170 one-bedroom, 132 two-bedroom and 48 three-bedroom units with layouts ranging from 739 to 1,480 square feet. Shared amenities include a fitness center, business center, clubhouse, swimming pool and grade-level parking with more than 500 spots.
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The community is 22.5 miles south of downtown Kansas City, close to U.S. Route 69. University of Missouri-Kansas City is some 13 miles north.
Kansas City multifamily sector starts the year with uptick
Kansas City ended 2025 with a total of $1.1 billion in multifamily investment sales, according to a recent Yardi Matrix metro report, marking a positive change compared to 2023 and 2024, when the figure didn’t surpass $1 billion.
The average advertised asking rate in the metro recorded a 0.2 percent uptick on a trailing three-month basis, settling at $1,355 through January. The figure was 40 basis points above the national value during the same month.
