Dallas developers buy OKC apartments to remodel; plus more real estate transactions from The Oklahoman
A partnership controlled by Dallas developers Roger Gault of Gault Co. and Robert Gunby with RTG Capital LLC has bought Spring Hill Apartments, 4708 SE 44, and plans extensive remodeling. The sale price was $2.25 million, about 13% less than the last time the property sold, in December 2018, county records show. "The Oklahoma City multifamily market has remained fairly stable throughout the COVID-19 crisis, and we believe by the time we complete our renovations the timing will be perfect for repositioning this property as the market improves in 2021,” Gault said. The developers said it ...
Source: oklahoman.com