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Denver Realty Group just closed two apartment complexes, Broadmoor 24 and Plaza 24, totaling 165 units in Norman, Oklahoma.

Broadmoor 24

• Acquisition price of $3,012,750
• 65 units located in a beautiful suburban neighborhood
• Attractive unit mix with unit sizes larger than the competition
• Community amenities include a swimming pool, washer/dryer connections, pet-friendly, and more

Plaza 24

• Acquisition price of $4,635,000
• 100 units located in a beautiful suburban neighborhood
• Attractive unit mix with unit sizes larger than the competition
• Community amenities include a blacktop parking lot, on-site laundry, on-site security, and more

This portfolio marks DRG’s sixth deal in Oklahoma and was acquired well below market value.

Written By

Lauren Richardson