Jeff Lamott, managing director, and Gabe Tovar, vice president, of NorthMarq’s Kansas City investment sales team have closed the sale of a two-property apartment portfolio consisting of 237 units in Liberty, Missouri.
Skyline, 93 units, and Westowne, 144 units, are sister properties located within a five-minute drive of each other and situated near the Liberty Triangle, one of Kansas City’s largest retail and entertainment corridors.
Both properties are served by the accredited Liberty School District and benefited from substantial exterior and interior upgrades prior to sale.
“We share much credit on this transaction, and others, with our clients’ management teams for their ongoing diligence throughout an extraordinary year. The success in transactional business continues to be built on trusted relationships,” said Lamott.
NorthMarq represented the seller, Clarity Equity Group, and sold the portfolio to a private capital investor based in Utah.