Griffis Blessing Inc Acquires Multifamily In Lawrence, KS For $46.65M

The multifamily property located at 5555 W 6th St & 2300 Wakarusa Dr in Lawrence, KS has been sold. The transaction took place on August 24, 2022. The property consists of 404 units and was sold for a total price of $46,650,000, resulting in an average price per unit of $115,470.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $46,650,000
• Units: 404
• Price per Unit: $115,470

The buyer in this transaction was Griffis Blessing Inc, while the sellers were CAPREIT and Dome Equities. The deal was facilitated by Northmarq, acting as the broker in the transaction.