country-village-apartments-norman-oklahoma

Old Capital Secures $2.8M Acquisition Loan for Country Village Apartments in Norman

by Haisten Willis

NORMAN, OKLA. — Old Capital has secured a $2.8 million loan for the purchase of Country Village Apartments in Norman. The 20-year loan includes a 4.5 percent interest rate and a 30-year amortization schedule. Texas-based buyers acquired the 100-unit, semi-stabilized property at an 80 percent loan-to-value ratio.

You may also like