ARA Newmark Closes $60.5M Sale of Oklahoma’s Largest Apartment Community

by Taylor Williams

OKLAHOMA CITY — ARA Newmark has closed the $60.5 million sale of Brookwood Village, a 1,128-unit apartment community located at 9401 S. Shartel Drive in Oklahoma City. The property, which was 94 percent occupied at the time of sale, is the largest apartment community in the state. Built in 1970 and renovated in 2015 and 2016, the garden-style property features nine pools, six tennis courts and a 20-acre park. Tim McKay, David Burnett, Brandon Lamb and Justin Wilson of ARA Newmark represented the seller, Tulsa-based Brookwood Village Apartments LLC. Washington state-based Weidner Apartment Homes purchased the property

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