Marcus & Millichap Brokers Sale of 31-Unit Multifamily Near Kansas City
Marcus & Millichap completed the sale of Creekside Village, a 31-unit multifamily property in Grain Valley, Missouri.
“Creekside Village attracted significant investor interest because of its location in one of the Kansas City area’s fastest-growing suburban markets,” said Jacob Carroll, associate director of investments. Carroll and Aaron Kuroiwa, investment specialists in Marcus & Millichap’s Kansas City and Indianapolis offices, had the exclusive listing to market the property on behalf of the seller, Creekside SPE – Apartments, LLC, and procured the buyer, a Kansas City-based investor.
Creekside Village Apartments is situated on 1.21 acres at 900 N.E. Deer Creek Road. Built in 2007, the property features 31 one- and two-bedroom units across 28,055 rentable square feet. Located approximately 25 minutes east of downtown Kansas City, the community is near major retail, dining and recreational amenities.
If you’re reading about the multifamily industry, you should be in the room with its leaders. Connect Apartments brings together the executives featured in Connect CRE’s coverage for an afternoon of high-level insights and unmatched networking on September 22 at The Biltmore in LA.
Other News
Lewis Group Opens Second NorCal Rental-Home Community in West Sacramento
Independence in West Sacramento, a new gated community of 208 townhome-style rental homes developed by Lewis Apartments, opened its leasing office and model homes to the public on Saturday, Oct. 24. Located in West Sacramento’s Southport/Bridgeway Island area, Independence introduces rental homes designed for residents who want the space and privacy of a single-family home...
Learn more
CBRE Arranges Sale of Future Mixed-Use Development in Wisconsin
CBRE announced the sale of a 4.66-acre parcel at the northwest corner of County Highway MM and U.S. Highway 14 in Fitchburg, Wisconsin. Louisville, Kentucky-based Trilogy Real Estate Fitchburg LLC purchased the property from Fairchild Development LLC for $2.23 million, marking the company’s third location in the Madison market and expanding its footprint beyond its...
Learn more
Northmarq Arranges $96M Refi on SoCal Apartment Portfolio
Northmarq has arranged $95.8 million in refinancing for a six-property, 1,461-unit multifamily portfolio owned and operated by E&S Ring across Los Angeles and San Bernardino Counties. The financing was arranged through Voya Investment Management by Northmarq’s San Francisco Debt + Equity team, led by managing director Nathan Prouty, SVP Andrew Slaton and senior investment anaylst...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout