Login

Arts District Apartments Sell for Third Biggest Price on Record

New Property in Downtown is a Luxury Housing Development and Showcase for Kansas City Artists
In addition to having an art gallery of its own, Artistry KC is decorated inside with $120,000 worth of local art and has two murals on its exterior, which were also painted by local artists. (CoStar)
In addition to having an art gallery of its own, Artistry KC is decorated inside with $120,000 worth of local art and has two murals on its exterior, which were also painted by local artists. (CoStar)
By Alex Collie
CoStar Research
November 10, 2022 | 11:14 P.M.

Avanti Residential has paid $94 million for Artistry KC, a 341-unit apartment complex in downtown Kansas City that has a public art gallery on site. The price makes the transaction the second biggest multifamily deal of 2022 and the third largest of all time.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE