19 Units in Willow Creek Sell for $856,000

RL Holding Co. LLC has sold 19 units in Willow Creek I, II, III at 68th Street and Yale Avenue in Tulsa for $856,000.
David Looney, CCIM, with Looney and Associates handled the negotiations for the seller. Roy Henson with Omni Properties brokered for the buyer.
The 19 units were sold to two out-of-state investors and contained 20,999 SF of rentable space. The selling price, per-square-foot, was $42.59, or $45,052 per unit.
The investors were Leslie Wellman (five units) and James A. and Kum Hui Winter (14). All of the investing parties reside in California.
The average unit size for the properties was 1,058 SF.
Willow Creek is a condominium community of about 660 units and were built in three phases between 1970 and 1978. All three phases have swimming pools and on-site laundry facilities.
Ronald Looney is the registered agent for RL Holding Co. LLC.



Was this article helpful?

Related Articles

Leave A Comment?