100 Unit Multifamily Portfolio In Lawton Ok Lawton, OK 73505
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 100 Unit Multifamily Portfolio In Lawton Ok
- Property type
- Apartment buildings
Description
This exceptional 100-unit multifamily investment portfolio in Lawton, Oklahoma, presents a compelling opportunity. Priced at $7,200,000, this portfolio boasts a strong 7.8% capitalization rate and a net operating income (NOI) of $562,656. The portfolio comprises two distinct sub-portfolios: a 70-unit complex and a 30-unit complex. The 30-unit portion is located at 2505 NW 20th St and 1911 NW Floyd Ave, and features a recently renovated pool and an on-site laundry facility. Buildings within the portfolio were constructed between 1985 and 1990 and are conveniently situated within minutes of Fort Sill and Interstate 44, ensuring high demand and occupancy. The units themselves offer a mix of one, two, and three-bedroom layouts, many including washer/dryer hookups, dishwashers, and carports. This turn-key investment offers significant value-add potential through rent maximization and exploration of additional revenue streams. The current high occupancy rates provide immediate cash flow, making this a highly attractive opportunity for investors seeking strong returns in a stable market. The portfolio consists of 14 buildings in total. This property is located in Lawton, OK, zip code 73505.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lawton
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.5062
- Latitude
- 34.6317
