“As an owner/manager of multi-family properties for 40 years with over a thousand units, I’ve been involved in many purchases and sales of multifamily properties. I highly recommend Ryan Gorman at McGraw Commercial. Besides being very pleasant and straightforward, he went above and beyond what I expected him to do.”
—Tom Sullivan, Sullivan Properties
Property Type: Multi-Family Residential
Space / Units: 217 units
Purchase / Leasing Price: $11,625,000 | $53,571/unit
Client / Brand: Metro Plex Apartments (Sullivan Properties to Goldwynn Residential)
Value Add Report
The Multifamily & Investments Team of Ryan Gorman, Gary Krisman and Carey Velez represented both sides of this transaction. The seller, Mr. Tom Sullivan, completely renovated the 217 unit property from the studs out creating an excellent opportunity directly adjacent to the Eastgate Metroplex Office Complex. As a result, the buyers (Goldwynn Residential) were able to increase their existing footprint in the Tulsa market.