Two-Property 237 Unit Portfolio Sale to End 2020
Just sold a two-property 237 unit portfolio.
Clarity Equity Group is pleased to announce that after a successful trade, we are looking to buy! Our primary focus is on multi-family, Class A, B, or C, 80 units or more that have a value add component.
We purchase the following assets; 4 food groups of commercial real estate (office, industrial, retail, multi-family), bulk REO, mobile home parks, & self-storage units.
Our primary target markets are; (KC,MO,TX,NC,SC,GA,FL). If you have any opportunities come across your deal desk that match our criteria. We would be happy to review.
Jeff Lamott, managing director along with Gabe Tovar, vice president of NorthMarq’s Kansas City investment sales team has closed the sale of a two-property 237 unit portfolio in Liberty, Missouri.
Skyline, 93 units, and Westowne, 144 units, are sister properties located within a five-minute drive of each other. These properties offer great demographics situated near the Liberty Triangle, one of Kansas City’s largest retail and entertainment corridors.
Gabe and Lamott were able to close at a sub-5 cap rate for this 70’s vintage portfolio,
NorthMarq represented the seller, Clarity Equity Group, and sold the portfolio to a private capital investor based in Utah
If you are not familiar with NorthMarq, Real Capital Analytics (RCA) ranks NorthMarq as Kansas City’s #1 multifamily team for investment sales and debt origination in 2020!
Clarity is excited for the transition and looking forward to 2021.