Jeff Lamott and Gabe Tovar of Northmarq’s Kansas City investment sales team completed the $11.5 million sale of 901 Lofts in Lawrence, Kansas.
The seven-story, 55-unit multifamily property is located at 901 New Hampshire in Lawrence and includes 20,843 square feet of commercial space.
Northmarq represented the seller, First Management, Inc., led by managing member Doug Compton.
The sale compliments the momentum the Kansas City Northmarq team has had in the Lawrence market representing the sale of 12 multifamily communities totaling more than $163 million since 2019.