OKLAHOMA CITY, OK AND TULSA, OK. (September 27, 2021)– M Group and is pleased to announce the acquisition of two Class B- Oklahoma properties: Seminole Ridge Apartments located in Oklahoma City, Oklahoma and Villas at Midtown Apartments located in Tulsa, Oklahoma. M Group acquired this property in partnership with Vesta Capital.
Built in 1970, Seminole Ridge Apartments is a 224 unit property consisting of 1BR/1BA; 2BR/2BA units averaging 820 square feet. Community amenities include a swimming pool, fitness center, laundry facility, business center and ample parking space.
Built in 1972, Villas at Midtown Apartments is a 476 unit property consisting of 1BR/1BA, 2BR, 1BA & 2BR/2BA units averaging 695 square feet. Community amenities include three swimming pools, dog park & dog wash spa, banquet room, business center, playground, walking trail, fitness center and nine on-site laundry facilities.
M Group is a privately held real estate and investment firm with offices in Birmingham, Michigan and Aspen, Colorado. M Group has acquired or invested in over 200 properties totaling more than 19,000,000 square feet throughout North America. M Group Principals, Mitchell Mondry, Josh Mondry and Ira Mondry, have over 90 years combined experience in the real estate industry, as well as in operating businesses. M Group seeks existing, income-producing multi-family and commercial properties and considers development opportunities selectively.