Peak Capital Partners Acquires 120-Unit Multifamily Asset In Kansas City, MO For $23.8M

Located at 1282 Northwest Vivion Road in Kansas City, MO, this recently closed multifamily transaction marks another successful deal in the market. The property consists of 120 units, with a per unit price of $198,333, resulting in a final sale price of $23,800,000. Peak Capital Partners emerged as the buyer, while Forum Real Estate Group represented the seller in this transaction.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $23,800,000
• Address: 1282 Northwest Vivion Road, Kansas City, MO
• Market: Kansas City, MO
• Buyer: Peak Capital Partners
• Seller: Forum Real Estate Group
• Brokers: Jeff Lamott & Gabe Tovar - Northmarq
• Units: 120
• Price Per Unit (PPU): $198,333

The deal was facilitated by Jeff Lamott & Gabe Tovar from Northmarq, representing the buyer and seller respectively. Their expertise and negotiation skills played a crucial role in bringing the deal to fruition. With this successful transaction, Peak Capital Partners strengthens its portfolio in the Kansas City market, while Forum Real Estate Group divests from this multifamily asset to pursue other investment opportunities.