Multifamily - Sale


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.

 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $16 billion, loan servicing portfolio of more than $65 billion and the multi-year tenure of our nearly 600 people.