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8-Unit Apartment Building
For Sale
Contact for pricing
Pending

1002 SW Summit Ave, Lawton, OK 73501

Fully occupied multifamily property with substantial renovations and recent major building-system updates.

Property SizeContact for details
Days on Market142

Property Features for 1002 SW Summit Ave

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 8
Listing Agency: eXp Commercial
Listed By: Kevin Scoggin · License #OK 177599
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:55PM

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 eXp Commercial

Investment Insights

Based on property information with market context.

This 8-unit apartment property is fully occupied and includes a mix of renovated and partially updated residences. Six units have received extensive interior improvements, including new flooring, paint, cabinetry, and countertops. The remaining two units have not undergone the same renovation scope.

Capital improvements include a TPO roof installed in June of 2021 and new electrical panels completed in 2019. Three units also have newer water heaters. The property is offered with an investor packet, rent roll, P&L, and an inspection report completed in the summer of 2021.

Key Highlights

  • 8‑unit apartment property with full occupancy
  • TPO roof installed in June of 2021
  • New electrical panels completed in 2019

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service Garden Center Veterinary Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

673
Businesses Nearby

Demographics for 73501, OK

19,158
Population
9,216
Households
2.1
Avg Household Size
37
Median Age
16%
College-Educated
87%
High-School Grad
105.0 sq mi
ZIP Area
182
Density / Sq Mi
$49,061
Median Household Income
$31,399
Median Earnings
$831
Median Rent
$119,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily property with substantial renovations and recent major building-system updates.
Where is this apartment building located?
The property is located at 1002 SW Summit Ave Lawton, OK.
What are key features of this property?
This property features: 8‑unit apartment property with full occupancy; TPO roof installed in June of 2021; New electrical panels completed in 2019
More about this property
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