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Marcus & Millichap Arranges $8.7M Sale of Apartment Property in Oklahoma City

Chelsea-Manor-Oklahoma-City

Chelsea Manor in Oklahoma City totals 187 units. The property was built in 1971.

OKLAHOMA CITY — Marcus & Millichap has arranged the sale of Chelsea Manor, a 187-unit apartment community in Oklahoma City. The sales price was approximately $8.7 million. Built on 7.2 acres in 1971, the property offers several different floor plans and amenities such as a pool, clubhouse and onsite laundry facilities. Derek Wilson of Marcus & Millichap represented the seller, a partnership that recently implemented a $500,000 renovation program, in the transaction. Wilson also procured the buyer, a limited liability company.

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