Good Investments<br/>investor, Builder Find Extra Steps Important

By Richard Mize Real estate editor rmize@oklahoman.comLenardo Smith wants you to know: Investment in northeast Oklahoma City pays off. He just sold 11 duplexes at 700-722 NE 25 for a cool million and (substantial) change. Patriot Property Investments LLC — someone in Yukon — paid Smith, a longtime investor and promoter of northeast Oklahoma City, $1.15 million for the 22 units, which had been in Smith's family since 1974. The county assessor had estimated the market value of the 11 buildings, each with two stories and 1,880 square feet, built in 1948, at $559,000. Smith had added value to the properties by improving them in his usual urban style.Read more on NewsOK.com

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