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MissouriMultifamily

Northmarq closes $23.8 million sale of multifamily property in Kansas City

January 17, 2023
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Jeff Lamott and Gabe Tovar of Northmarq’s Kansas City- based investment sales office arranged the $23.8 million sale of Province at Briarcliff. The 120-unit multifamily property is located at 1282 Northwest Vivion Road in Kansas City, Missouri.

Northmarq exclusively represented the seller, Forum Real Estate Group. The buyer was Peak Capital Partners.

The property is located in the Briarcliff West neighborhood, which lies north of the Missouri River along parkland featuring stunning cliffs. The neighborhood is part of the larger Briarcliff Village planned community of homes, retail, offices, condos, and apartments off of HWY 69 and I-29. The property has three shopping centers within 1.6 miles including Eastbrook Plaza Shopping Center (0.4 miles), Briarcliff Village (1.2 miles), and Vienna Square (1.6 miles). Lovers of the outdoors are only a short drive from more than five parks all within a 10.8 mile radius.

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