Summerfield Apartments Sell for $6 Million

Summerscape LLC of Seattle has purchased the 110,368 SF Summerfield Apartments at 2601 S. Springdale St. in Pittsburg, Kan., from Summerfield Development Co. LLC of Edwardsville for $6 million, or $45,454 each for 132 units.
The apartment complex is self managed and was built in 1995 by Neighbors Construction Co. of Edwardsville. The complex includes 36 one-bedroom, 60 two-bedroom, and 36 three-bedroom apartments.
John Volle with First Commercial Real Estate Services represented both the buyer and seller in the transaction.
Tulsa-based First Commercial’s corporate office is located in the Executive Center II Building at 7134 S. Yale Ave., Suite 500.

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