Northmarq brokers $4.5 million sale of Autumn Run Apartments in Oklahoma City
Autumn Run Apts
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.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
