Former Nursing Home Apartment
For Sale
Contact for pricing
111 13th NW, Ardmore, OK 73401
Multi-unit apartment complex opportunity ready for renovation near hospital and shopping in Ardmore, OK.
Property Size18,612 SF
Price / SF$21.49
Days on Market63
Property Features for 111 13th NW
General Information
Standard status
Active
Size
18,612 SF
Property subtype
Business for Sale, Office
Building Details
Year Built
1965
Listing Agency:
Tim Longest Realty
(580) 220-5723
Listed By:
Tim Longest · License #OK 178369
Source:
Crexi
Added: Jun 8
Changed: Aug 8
Last Checked: Aug 9 at 8:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tim Longest Realty
Investment Insights
Based on property information with market context.
This property is a multi-unit apartment complex concept housed in a former nursing home building. It is presented as ready to renovate for multi-family living, offering a straightforward conversion path for buyers looking to reposition an existing healthcare structure into residential income space.
Located in the center of Ardmore, Oklahoma, the site is described as being minutes from a hospital and nearby shopping. That central placement can be useful for tenants who want close access to everyday services and employment related to the medical community.
For owner-operators, investors, or developers, the key consideration is that the building is intended to be renovated into multi-family use. Prospective buyers should plan for the renovation effort and confirm scope with appropriate contractors before proceeding. The property’s existing building form and central amenities access make it a practical candidate for a multi-family redevelopment strategy in Ardmore.
Located in the center of Ardmore, Oklahoma, the site is described as being minutes from a hospital and nearby shopping. That central placement can be useful for tenants who want close access to everyday services and employment related to the medical community.
For owner-operators, investors, or developers, the key consideration is that the building is intended to be renovated into multi-family use. Prospective buyers should plan for the renovation effort and confirm scope with appropriate contractors before proceeding. The property’s existing building form and central amenities access make it a practical candidate for a multi-family redevelopment strategy in Ardmore.
Key Highlights
- Multi‑unit apartment complex opportunity for renovation
- Former nursing home building (year built: 1965)
- Located in the center of the city, near hospital and shopping
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
Explore this area
Business Placement
Demographics for 73401, OK
36,744
Population
16,349
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
88%
High-School Grad
351.5 sq mi
ZIP Area
105
Density / Sq Mi
$60,288
Median Household Income
$39,005
Median Earnings
$960
Median Rent
$174,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multi-unit apartment complex opportunity ready for renovation near hospital and shopping in Ardmore, OK.
Where is this apartment building located?
The property is located at 111 13th NW Ardmore, OK.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Multi‑unit apartment complex opportunity for renovation; Former nursing home building (year built: 1965); Located in the center of the city, near hospital and shopping
