We are currently in the beginning stages of purchasing apartment complexes in Oklahoma and Texas. Recently, the Oklahoma / Texas market has experienced a slight drop in property values. This drop has created an opportunity for investors to come in and purchase commercial properties in the area.

We are working to acquire approximately five hundred units in the greater Dallas, Houston, OKC and Tulsa areas. The later metro areas have been ranked numbers 4 and 5 by forbes.com in the “cost of doing business” category, as well as number 1 and 2 for income growth. Furthermore, OKC is ranked number 13 overall of all metro areas in the 2006 survey.

Our target buildings in this project will be as follows:

• 50-150 Units
• Priced between $1.5MM and $5MM
• Avg unit cost <$35K
• Class “B” or “C”
• Solid upside potential – higher vacancies or poor management

If you know of any properties that fit this description, please contact us with the details. We are actively looking to fill the portfolio!

If you are interested in a project like this, please join our investors network.