The Brookwood Apartment Complex Has Sold
The 100-unit complex in Owasso, Oklahoma sold for $5.75m in January 2020 to Shakiba Capital. McGraw Commercial Properties Multi-Family team was able to broker the deal with the Houston based group. This was Shakiba Capital’s second acquisition in the last six months, and Winfield Property Management with McGraw REALTORS® will be taking over the management of the property.
Shakiba Capital President, Trevor Shakiba said, “I’m absolutely bullish on Tulsa and what is happening in the greater metro area. As we look to increase our portfolio, the job and wage growth trends point to a significant opportunity for our investors moving forward. The McGraw team was once again exceptional from start to finish, and we look forward to Winfield taking over operations of Brookwood as we aim to make this a first-class property for our residents in the near future!”
McGraw Commercial Properties Multi-Family Broker Associate, Ryan Gorman said, “Working with Trevor and Shakiba Capital was fantastic. Our team is grateful for his professionalism, and a smooth transaction. It’s great being able to work so closely with Amy Bors and Winfield Property Management on this and similar projects. We are excited about the other Multi-Family deals to come in 2020.”