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Northmarq Closes Sale of Apartments in KC’s Briarcliff Village
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, built in 2002, is located at 1282 Northwest Vivion Rd. in Kansas City, MO.
Northmarq exclusively represented the seller, Forum Real Estate Group. The buyer was Peak Capital Partners.
“Province of Briarcliff offered an attractive assumable agency loan well below today’s borrowing cost,” said Lamott. “The property’s prominent infill location is just minutes from the prestigious Village of Briarcliff and commanded a lot of interest from both national and regional investors.”
The property is located in the Briarcliff West neighborhood, which is part of the larger Briarcliff Village planned community of homes, retail, offices, condos and apartments off HWY 69 and I-29.
- ◦Sale/Acquisition


