Buhl's Realty in Norman makes apartment deals

Norman realty firm announces several apartment deals.
Oklahoman Published: June 7, 2014
Advertisement
;

Tudor Crossing has 119,331 square feet of space in 15 two-story buildings, a separate building for the leasing office and a pool.

•Ashwood OK Partners LLC of Grand Junction, Colo., paid $3.58 million, or $22,853 per unit, for 157-unit Ashwood Apartments, 4502 Sunnyview Drive in Del City, built in 1972. It was 95 percent occupied. The sellers were Ashwood Kritikos LLC, Krebs Ashwood LLC and Dayton Properties LLC, which paid $2.95 million for the property in 2008.

Ashwood Apartments has 126,452 square feet of space in 25 two-story buildings, a separate building for the leasing office and a pool.

•HPH Investors of Prosper, Texas, paid $1.83 million, or $30,500 per unit, for Winding Creek Apartments in Seminole, built as a tax-credit investment in 2004. It was 100 percent occupied. The seller was SAS Mortgage Trust Winding Creek Apartments LLC, which acquired the property through deed in lieu of foreclosure. It has been repositioned as a market-rate property.

Winding Creek Apartments has 49,624 square feet of space in five two-story buildings.