Jeff Lamott, managing director, and Gabe Tovar, senior vice president of Northmarq’s Kansas City investment sales team, finalized the $10 million sale of Antioch Crossing, a 90-unit, three-story multifamily property at 8710 W. 106th Terrace in Overland Park, Kansas.
Northmarq represented the seller, Worcester Investments, in the sale. Northmarq’s Kansas City debt/equity team of Greg Duvall and John Duvall negotiated acquisition financing for the buyer, Balfour Real Estate, through their relationship with an agency lender.
Commuter residents at Antioch Crossing benefit from the convenient location just off the intersection of I-435 and US highway 69. Antioch Crossing lies only 10 miles south of downtown Kansas City in the city of Overland Park. Residents have accessibility to both the surrounding city and local entertainment. Antioch Crossing is situated adjacent to Indian Creek Trail, providing walking and biking opportunities for its nature lovers.