Southern Estate Properties USA, LLC of Tulsa, has purchased the Southern Gardens Apartments from the Douglas E. MacMillian Trust of La Jolla, Cal. for $1.95 million.
The 52-unit complex is located at 1047 E. 41st St. in Tulsa and includes a clubhouse, pool, and laundry room.
The property, which was built in 1968 and includes 49,250 SF on 1.9 acres of land, sold at $37,000 per unit.
Southern Estate Properties plans to rename the complex “Brookeside Gardens.”
Gary Krisman of Tooman Partners LLC represented the buyer and seller. Krisman is also listed with the Oklahoma Secretary of State as the registered agent for Southern Estate Properties.