
A three way partnership between BH Cos. and Cantor Fitzgerald has acquired the 309-unit West Finish at Metropolis Middle, a multifamily property in Lenexa, Kan. The transaction was brokered by Newmark. The vendor, LivCor, bought the Class A property again in 2017, in a portfolio sale, in accordance with Yardi Matrix knowledge.
Accomplished in 2009, West Finish at Metropolis Middle encompasses 13 two-and three-story buildings with one-, two- and three-bedroom items ranging between 729 and 1,471 sq. toes. Widespread-area facilities embody a health heart, clubhouse, enterprise heart, swimming pool and picnic space with grilling stations. In-unit facilities encompass washers and dryers, personal balconies or patios and indifferent garages for choose items.
Positioned at 17410 W. 86th Terrace, the property is near W. 87th Road Parkway and Interstate 435, with many eating choices, leisure venues and retail areas close by, together with the 200-acre Lenexa Metropolis Middle, Lenexa Public Market, Hen Home Market, Nation Hill Middle and City Air Trampoline and Adventures Park. Inexperienced areas like Central Inexperienced Park, Canyon Falls Golf Membership, Sar-Ko-Par Trails Park and Indian Trails Aquatic Middle are inside 2 miles.
West Finish at Metropolis Middle is BH Cos. and Cantor Fitzgerald’s seventh multifamily acquisition. Newmark lately brokered the $85 million sale of a luxurious multifamily group in Shock, Ariz.