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 mile west of I-44 and 1 block south of NW 36th on Nesbitt street
Description: Great unit mix of 18 - 2 bed units, along with 10 - 1 bed units. Property is located in the preferable NW quadrant of Oklahoma City near major employers, I-44, NW Highway (RT 66). The property is in excellent shape overall and consists of 3 2 story buildings all with pitched roofs, and all electric units are individually metered....
Location: Located 1/2 mile east of I-35 and less than 1.5 miles from the University of Oklahoma
Description: 4 - 1 bed/1 bath Flats 12 - 2 bed/1.5 bath Townhomes
This Terrific 16 EXTRA LARGE SIZE UNIT apartment community is just 1 mile west of the University of Oklahoma's (OU) campus. The property has had the same owners since 1989 who have always kept it in great condition.
Each unit is separately metered for electricity. The landlord is responsible for tenants water/trash/sewer only...
Location: NW 23rd St. between Pennsylvania and Classen Blvd.
Description: Stays 100% occupied and with recent restoration work is basically a new building in a historic brick shell. Just 1 block south of Oklahoma City Universtity...
Location: 2 miles North of I-40 and 1 block east of Macarthur on NW 19th
Description: Great unit mix of 64 - 2 and 3 bed units , along with 20 - 1 bed units. Property is located in the preferable NW quadrant of Oklahoma City near major employers, I-40, NW Expressway......
Location: 3820 S Hudson 3 units, 400 SW 42 8 units, 326 SW 38 6 units, 3902 S Hudson 4 units
Description: Four separate properties all less than a block apart. These properties all are individually metered for all utilities except water/sewer. Most are fully furnished, and many of the tenants have been there between 2 and 14 years......
Location: 6 blocks south of I-44 on the SE corner of NE 50th and Lincoln Blvd.
Description: Located in the heart of the city, Woodland Hills enjoys an enviable location. Less than 3 miles to the State Capitol, Government Complexes, Oklahoma University Medical Center and Downtown Oklahoma City means any part of the city is just minutes away. Residents enjoy a large swimming pool, a fitness center, outdoor picnicking, bicycling, and many more amenities. Our gated community and around the clock courtesy officer ensure every resident's peace of mind. Excellent access to our interstate highway/metro-area expressway means any part of the city is just minutes away.....
Location: Located just 1 block north of sw 44th and 1/2 block west of Robinson.
Description: Nice 14 unit apartment community with a mix of 4 2bed 1bath units and 10 1bed 1bath units. Rents are $50-75 below area rentals. Roof has been recently replaced along with many other upgrades....
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...
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.
