Announcing Two New Exclusive Investment Opportunities
Regency Tower Apartments
We have just listed The Regency Tower, a 274 unit, "B" class, high-rise apartment building located in heart of downtown Oklahoma City. According to RealFacts, the December 2007 year-over-year rent growth in Oklahoma City was 5.2%, a level equaled in only a few prosperous West Coast markets. This investment opportunity provides a strong going in Cap Rate in a rental market that is showing significant growth. There is also additional upside should the new owner decided to bring the property up to an "A" class project by upgrading the interior of the units.
Investment opportunity »
Villa Solara Apartments
Villa Solara is a 348 unit garden style apartment building that is located 6 miles east of downtown Tulsa. According to The Journal Record of Oklahoma, the 2007 average sales price per unit for complexes built before 1980 averaged $28,894 per unit. Villa Solara is aggressively priced at $24,282 per unit, or approximately 15% below the 2007 average. Additionally, the average rents for all unit types at Villa Solara are approximately $100 below the Tulsa MSA average of $570. Villa Solara is an attractive investment for the opportunistic buyer.
Investment opportunity »
Investment Advisory Services
Steelhead Investment Advisors brings the knowledge and experience to guide you though the investment process. We pride ourselves on the ability to work with each client on an individual and personal basis, staying involved throughout every step of the transaction.
Contact us today for a no-obligation consultation to learn more about how Steelhead can help you maximize your investment portfolios.
Respectfully Submitted,
Matthew K. McLeod, Vice President
Steelhead Capital Investment Advisory Services
We have just listed The Regency Tower, a 274 unit, "B" class, high-rise apartment building located in heart of downtown Oklahoma City. According to RealFacts, the December 2007 year-over-year rent growth in Oklahoma City was 5.2%, a level equaled in only a few prosperous West Coast markets. This investment opportunity provides a strong going in Cap Rate in a rental market that is showing significant growth. There is also additional upside should the new owner decided to bring the property up to an "A" class project by upgrading the interior of the units.
Investment opportunity »
Villa Solara Apartments
Villa Solara is a 348 unit garden style apartment building that is located 6 miles east of downtown Tulsa. According to The Journal Record of Oklahoma, the 2007 average sales price per unit for complexes built before 1980 averaged $28,894 per unit. Villa Solara is aggressively priced at $24,282 per unit, or approximately 15% below the 2007 average. Additionally, the average rents for all unit types at Villa Solara are approximately $100 below the Tulsa MSA average of $570. Villa Solara is an attractive investment for the opportunistic buyer.
Investment opportunity »
Investment Advisory Services
Steelhead Investment Advisors brings the knowledge and experience to guide you though the investment process. We pride ourselves on the ability to work with each client on an individual and personal basis, staying involved throughout every step of the transaction.
Contact us today for a no-obligation consultation to learn more about how Steelhead can help you maximize your investment portfolios.
Respectfully Submitted,
Matthew K. McLeod, Vice President
Steelhead Capital Investment Advisory Services
