Northmarq’s Kansas City-based Investment Sales team, consisting of Casey Wilhm, Jeff Lamott, and David Belpedio, secured the sale of Meadowbrook Apartments, a 627-unit multifamily community and adjacent 4.3-acre development tract, located at 2601 Dover Square in Lawrence, Kansas.
Northmarq represented the sellers, Meadowbrook Investors LC and M-10 Holdings LC, in the transaction. The buyers were The Meadow KS LLC and The Lawn KS LLC.
Meadowbrook Apartments offers residents a diverse mix of studio, one-, two-, three- and four-bedroom apartments, as well as townhome and duplex-style residences. The community features spacious floor plans, fully equipped kitchens and updated units, complemented by an extensive amenity package that includes a swimming pool, fitness center, activity room and 24-hour emergency maintenance service.
Spanning more than 41 acres, Meadowbrook is one of the largest multifamily communities in Lawrence, offering more than 40 floor plans designed to accommodate a broad range of residents. Its unique blend of apartments, townhomes and duplex-style housing allows the property to serve both University of Kansas students and traditional renters seeking a neighborhood-style living environment.
The community is located just west of the University of Kansas campus and offers convenient access to major transportation corridors, including I-70, Highway 59 and Kasold Drive. Residents also benefit from proximity to downtown Lawrence, which boasts several retail centers, grocery stores, restaurants and entertainment destinations.
