Multifamily
Investment Sales - Multifamily

NorthMarq Midwest Investment Sales Team arranges the sale and financing of The Apartments at Bristol Park in Kansas City, Missouri

KANSAS CITY, MISSOURI (April 20, 2021) – Parker Stewart and Dominic Martinez of NorthMarq’s St. Louis regional office and Jeff Lamott and Gabe Tovar of NorthMarq’s Kansas City regional office represented Orion Holdings, Inc. in the sale of the Apartments at Bristol Park. Jeff DeHarty in the Denver NorthMarq office provided competitive financing through Fannie Mae for the buyer, Gold Block Ventures.

Constructed in 2009, the Class A property features large one-, two-, and three-bedroom floorplans with nine-foot ceilings, washer & dryers, well-appointed kitchens, with patios or balconies. Common area amenities include a resort-style swimming pool, poolside lounge and bar, 24-hour fitness center, and resident lounge.

“This was an attractive opportunity given its physical quality and its location situated in the pattern of growth. The asset should benefit tremendously with the recent news of Amazon’s new 70,000 sq. ft. delivery center and other economic drivers within the submarket,” said Martinez.

 

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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The Apartments at Bristol Park
Sale