Multifamily
Investment Sales - Multifamily

Northmarq’s Kansas City completes sale of the 208-unit Jefferson Park East in Liberty, Missouri

KANSAS CITY, MISSOURI (December 12, 2022) – Jeff Lamott and Gabe Tovar of Northmarq’s Kansas City investment sales office, brokered the sale of Jefferson Park East. The 208-unit multifamily property, built in 1987, is located at 1220 Missouri Court in Liberty, Missouri. Northmarq exclusively represented the Kansas City based seller, Maxus Properties, in the transaction. 

“Jefferson Park offered the new ownership a great basis relative to many parts of the country for a Class B community,” said Lamott. “With the recent spike in the cost of capital, investors have become much more selective on the quality of assets to acquire for a reposition. Jefferson Park was built between 1987-2016 and was a prime candidate for deploying several grades of interior renovations to cater to multiple renter profiles.” 

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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Jefferson Park East
Sale