Oklahoma City Apartment Market is Active!

The summer might be winding down, but the Oklahoma City market is still hot! As reported by The Oklahoman  apartment sales prices are holding steady based on a mid-year report released by Commercial Realty Resources Co.

The metro-area multifamily investment market, he said, is seeing sustained high prices because investors just keep coming “and buyers are becoming more comfortable paying these prices because so many other people are paying them.”

As most people know in the area, investor from outside the market are finding out the Oklahoma City offers great potential on a high ROI.  Of course if you can’t get into an existing building keep an eye on new development.  Mike Buhl from Commercial Reality Resources Co “expects to see continued strong construction of new apartment complexes for the next 12 to 18 months, at least.”

Source – Oklahoma City Apartments Still Hot With Investors

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s