Holliday Fenoglio Fowler has sold Oakwood Village, an apartment community located in Flanders, New Jersey. The 1,224 unit asset was purchased free of debt by an undisclosed buyer for $183.37 million. Located at 77 Oakwood Village along Route 206 in, the property sits on a 166.62 acre site and consists of 107 two- and three-story residential buildings. The HFF investment sales team represented the seller, AIG Global Real Estate Investment Corp. Community amenities include a swimming pool, tennis court, multiple playgrounds, two dog parks and garage parking. At the time of closing the complex was 95 percent leased.
