TULSA, OK - Gorrell Hughes Capital today announced new acquisitions of two multifamily properties in the rapidly growing Springfield, Mo. metropolitan area: Sunset Woodland Apartments, a 177-unit community at 2752 South Meadowbrook Avenue in Springfield, and Excelsior Gardens Apartments, a 104-unit property at 1582 South 14th Avenue in neighboring Ozark.
Together, the acquisitions represent a 281-unit portfolio strategically located within high-performing submarkets, in close proximity to top area employers, schools, and retail centers.
“Springfield and its surrounding communities continue to show strength in multifamily fundamentals,” said John Gorrell, Managing Partner at Gorrell Hughes Capital. “These acquisitions squarely align with our value-add investment strategy, targeting middle-class assets in secondary markets with solid job growth, diverse economic drivers, and strong rental demand.”
Located in scenic southwest Missouri, the Springfield metro is home to more than 485,000 residents and is recognized as the fastest-growing city in the state. The region benefits from two major health systems, Missouri’s second-largest university, and numerous corporate headquarters. Springfield’s workforce is expanding faster than the national average, supported by a thriving tourism industry that attracts millions of visitors annually.
With these acquisitions, Gorrell Hughes Capital continues to expand its middle-class multifamily portfolio across high-growth Midwest markets, focusing on value creation through operational efficiencies, selective capital improvements, and long-term community investment.
About Gorrell Hughes Capital: Gorrell Hughes Capital is a private real estate investment firm focused on acquiring, managing, and repositioning middle-market value-add multifamily assets across the United States. The firm’s disciplined investment approach centers on identifying opportunities in strong secondary and tertiary markets that demonstrate stable cash flow, population growth, and economic resilience.