TULSA, Okla. (Nov. 27, 2023) — Northmarq’s
Benjamin Davis, senior vice president in the
Tulsa office, has completed the sale of Autumn Run Apartments for $4.5 million. Located at 1000 NW 105th St. in Oklahoma City, the 91-unit multifamily community was built in 1967 and partially renovated. Northmarq represented the seller, CCSCR based in Arizona. The buyer was a private equity group headquartered in New Jersey.
The garden-style apartment community boasts large one- and two-bedroom homes just minutes from Oklahoma City’s major highways. The new owners plan to infuse additional capital into the property towards exterior renovations, interior enhancements and property amenities. Autumn Run Apartments features 12 buildings in the heart of Oklahoma with two shopping centers within a 5-minute walk and Oklahoma City University and University of Central Oklahoma within a 15-minute drive. Residents enjoy an easy commute to nearby major employers, local dining and entertainment.
View available multifamily properties here.
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
