10 ares of Oakwood land sold for $735K

Oakwood Investment Group recently sold about 10.8 acres of Sugar Camp land to a limited liability company.

The sale was for $735,000, according to Montgomery County property records. The area is in the vicinity of 3976 Sugar Camp Office Park in Oakwood.

Records identify the buyer as RCR Holdings LLC. The sale date is given as Nov. 20.

RELATED'All-inclusive' office plans downtown party

A message seeking comment was sent to Oakwood Investment Group.

An agreement between Oakwood Investment Group and Hills Properties was finalized about two months ago on going ahead with the building 84 condominium units at “The Trails” development in Point Oakwood.

That development had been delayed last year when a pair of lawsuits were filed against the city of Oakwood over the plans for the area.

Fifteen Pointe Oakwood residents living near where the condos were proposed to be built filed one of the lawsuits. The Cincinnati-based developers of the proposed condos filed the second lawsuit.

Oakwood City Council proposed a legal settlement to move the project forward in the spring.

About the Author