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Hamilton Point Acquires The Villas at Countryside in Moore

Trilogy Sells 360-Unit Apt. Community
January 25, 2018
Hamilton Point Investments, a Connecticut-based multifamily investor, purchased the 360-unit The Villas at Countryside apartment community in Moore, OK from Trilogy Real Estate Group for $29.41 million, or approximately $82,000 per unit.

The buyer plans to reposition the asset by conducting exterior renovations and light interior improvements to the property, which was 95 percent occupied at the time of the sale.

The 347,050-square-foot apartment community consists of 160 one- and 194 two-bedroom units across 21 buildings. Built in 2002, the garden-style apartment complex is located about nine miles south of Oklahoma City.

Brandon Lamb, Tim McKay, David Burnett and Justin Wilson of ARA Newmark represented the seller.

Please see CoStar COMPS #4092173 for more information on this transaction.
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