Overland Park Kansas Multifamily grabbed by California based Resolute Property Investors

Overland Park's Greenbrier Townhomes Sold for $5.2M to California Investor

Resolute Property Investors of Redondo Beach, CA, purchased the Greenbrier Townhomes in Overland Park, KS, for $5.2 million, or about $65,000 per unit. The seller was Winston XVI LP.

Located at 8562 W. 85th St. in Overland Park, Kansas, the 80 unit property totals 86,028 square feet. It includes one, two and three-bedroom town homes, a clubhouse/pool complex, and tennis, racquetball and basketball courts.

Bill Powell of Hendricks & Partners negotiated the transaction.


 

Floor Plan	Bed	Bath	Sq. Ft.	Deposit	Availability	From
1 Bed  1.0 Bath	1	1.0	900	$200	Call	$615/mo
2 Bed  1.5 Bath   Townhome	2	1.5	1200	$250	Call	$775/mo
3 Bed  1.5 Bath   Townhome	3	1.5	1750	$300	Call	$900/mo

 

In general when a multifamily unit is sold like the Overland Park, Kansas Multifamily unit sold to the California Investors it can be defined as a full duplex, triplex, fourplex or apartment building. These Overland Park units are a combination of singe, double and triple units that total 80 units in all. It is very probable you will notice a pickup of outside investors from Real Estate Gold Mines eating up properties at bargain basement prices in the highly rated cities such as Overland Park, Kansas. It's obvious that Overland Park Real Estate is starting to look like a value to many people outside of Kansas.