29 October 2009

Tulsa Firm Buys Grand Prairie Apartment Complex

Dallas News

A Tulsa firm has completed the purchase of more than 900 Oklahoma and Texas apartments - including a Grand Prairie rental complex.

The properties were valued at almost $30 million and were sold by American Residential Group of Tulsa in partnership with Lincoln Properties of Dallas apartments.

Capital Assets Inc. of Tulsa put together the 928-unit sale, which includes the Windridge Grand Prairie apartments.

Windridge contains 720 Texas apartments built in two phases.

Apartments in Tulsa and Oklahoma City were also part of the deal.

All the properties were constructed in the mid to late 1980s.

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