Saturday, November 24, 2012

Marcus & Millichap Announces Sale of Park South Apartments for $4 Million


  
Park South Apartments, Topeka, KS
 TOPEKA, KS– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Park South Apartments, a 234-unit apartment property located in Topeka, Kansas, according to Richard D. Matricaria, Regional Manager of the firm’s Tampa office. The asset commanded a sales price of $4,050,000.

Alex Blagojevich, a senior associate in Marcus & Millichap’s Tampa office and David N. Gaines, a vice president investments in the firm’s Chicago office had the exclusive listing to market the property on behalf of the seller, a limited liability company based out of Kansas.  

Alex Blagojevich
The buyer was also secured and represented by Gaines and Blagojevich. 

Adam Christofferson is Marcus & Millichap’s broker of record in Kansas.

Adam Christofferson
Park South Apartments was built in 1970 and is located at 3711 SW Park South Court.  This is a 234-unit, conventional market rate apartment community consisting of ten three-story buildings.  Amenities include an indoor and outdoor pool, on-site laundry and a clubhouse. 

Press Contact:

 Richard D. Matricaria
Regional Manager, Tampa
(813) 387-4700

  

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