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

5555 West 6th Street & 2300 Wakarusa Drive
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This MultiFamily property located in KS was sold for $46,650,000 over 1 year ago.

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.

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Deals
  • Location
    2300 Wakarusa Drive, Lawrence, Kansas 66047, United States2300 Wakarusa Drive, Lawrence, Kansas 66047, United States
  • Sale Price
    $46,650,000$46,650,000
  • Asset Type
    MultiFamilyMultiFamily

Deal Summary

SALE DATE: 08/24/2022 ADDRESS: 5555 W 6th St & 2300 Wakarusa Dr MARKET: Lawrence, KS ASSET TYPE: Multifamily BUYER: Griffis Blessing Inc SELLER: CAPREIT & Dome Equities BROKER: Northmarq SALE PRICE: $46,650,000 UNITS: 404 ~ PPU: $115,470

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