Avanti Residential Acquires 306-Unit Multifamily In Kansas City, KS For $65M

The multifamily property located at 8343 Leavenworth Rd in Kansas City, KS has been sold in a closed transaction. The property consists of 306 units and was sold for a price of $65,000,000, resulting in a per unit price of $212,418. The transaction took place on 12/02/2021.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $65,000,000
• Units: 306
• Price Per Unit: $212,418
• Buyer: Avanti Residential - Christian Garner
• Seller: JVN Realty Corporation
• Brokers: Mac Crowther & Whittaker Potts - Newmark
• Mortgage Broker: Charlie Williams - Newmark

Avanti Residential, represented by Christian Garner, acquired the property from JVN Realty Corporation. The sale was facilitated by brokers Mac Crowther and Whittaker Potts from Newmark. The mortgage broker involved in the transaction was Charlie Williams from Newmark.