Cell: 405.822.2877
Fax: 405.608.0654
Office: 405.752.2525 InterWest Realty
4900 Richmond Square #200
Oklahoma City, OK 73118
Helpful Links
Articles Why Invest in Oklahoma Multi Family Property? "The most popular buzz word in Oklahoma’s commercial real estate markets thus far in 2008 appears to be “insulated.” Numerous brokers, developers and commercial real estate experts have frequently used the term to describe how Oklahoma City and Tulsa’s markets are insulated from the downturns being experienced by the national economy and in the larger commercial real estate markets.
While large markets on both coasts are experiencing significant declines in investment activity and prices, both Oklahoma City and Tulsa are showing signs of stability and strength...
Renewed strength in the state’s multihousing market has also proven a shield to national economic turmoil in Oklahoma, according to John D. Clayton of The Apartment Brokerage Team in Tulsa. Over the past year, Clayton said both occupancy and rental rates have experienced steady increases in the state due largely to the declines in the single-family housing market.
“In Tulsa, where a decade-long economic roller-coaster ride left many outsiders feeling like they should head for safer rides, the multifamily sector of the real estate market has quietly and steadily increased, ending 2007 with a market average occupancy of 92.7 percent and an upward trend in the first quarter of 2008,” said Clayton. “Oklahoma City has seen much of the same improved occupancy, where the tale of two cities continues to surprise investors with similar economic performance.”" (Source: Journal Record) Read full article...
Location: 1/2 block North of SW 59th and 1/4 mile East of May Ave
Description: This Terrific 12 UNIT apartment community has been well maintained with pitched roofs. The complex is conveniently located off of SW 59th near May ave in a quiet neighborhood. It has historically enjoyed near 100% occupancy...
Location: 1/2 Block west of Classen Blvd just 2.5 miles north of Downtown and 2 blocks east of Oklahoma City University
Description: Kamps Court is one of Oklahoma Cities first Class A Apartment complexes of its type. This terrific property was totally refitted in 2007 with state-of-the-art kitchens, new fixtures throughout, new windows, individual HVAC in each unit, beautiful tile work, all the while retaining the beauty and craftsmanship of its original 1928 construction with amazing wood flooring and accents...
Location: Located in the center of Durant in a quiet residential neighborhood
Description: This Terrific 64 unit apartment community is located in one of Dunrant's finest single family home neighborhoods. The complex has a great unit mix and the rents are well below the market average. Because of the extremely low rents there is a tremendous upside in one of Oklahoma's fastest growing cities. This is a great opportunity to purchase a multi-family investment with a solid track record...
Location: Located next to the Oklahoma University of Science and Arts
Description: This Terrific 37 UNIT apartment community has just undergone a complete make over Top to Bottom. All of the spacious units now feature Wood Laminate flooring, new tiles, new carpet, and contemporary paint schemes. The current owner has invested over $100,000 since Nov 2006 to make this the premier apartment complex in Chickasha. The listing price is set to sell quickly at just $31,081/door for the nicest investment property in the city of Chickasha..
Location: Located 1 mile NE of Tulsa, OK off of Hwy 66
Description: Property Highlights 12 - 1 bed/1 bath 18 - 2 bed/1 bath Swimming Pool
The rents are WAY UNDER market. The complex is 100% OCCUPIED. There are very few complexes within 7 miles of this property.
Location: Located just 30 minutes east of Oklahoma City / Edmond, OK on I-44
Description: This complex has had the same owners since new in 1976. The daughter of the owners took over the complex in 2004 and has proceeded to completely renovate the entire complex bringing it up to its current 93% occupancy. The property is situated on 6 rolling acres and includes a newly constructed Office and Shop. There is opportunity for further rental increases, and the mix of units is perfect for the needs of the community...
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. The listings contained on this web site may be withdrawn by the sellers at any time.
