Northmarq’s Midwest Investment Sales team led by Parker Stewart, Anthony Martinez, Alex Malzone, and Dominic Martinez completed the $27.4 million sale of The Landing of Clinton, a 190-unit multifamily housing community at 2582 Friendship Trail in Clinton, Iowa.
Northmarq represented the Iowa-based seller. The buyer was Axiom Properties, Inc.
Built between 2016 and 2019, the Landing of Clinton is a 190-unit luxury community of apartments and townhomes. The property offers a desirable mix of one-, two- and three-bedroom floorplans including a washer and dryer, stainless steel appliances, granite countertops, wood-look flooring, large floorplans (1,198 property average sq. ft.), and detached garages.
Community amenities include high-speed internet, a swimming pool and private cabanas, a resident clubhouse with a party room, kitchen and pool access, a well-equipped fitness center, an on-site dog park, a pet washing station, a playground and a picnic area and grill.
