103 Blue Jay Blvd Geronimo, OK 73543
This exceptional investment opportunity comprises a 70-unit Class B multifamily portfolio in Comanche County, Oklahoma, boasting a remarkable 97% occupancy rate. The portfolio consists of two distinct properties: Geronimo Winds Apartments, a 44-unit duplex development built in 2009, and Kensington Rental Estates, a 26-unit duplex development constructed in 2013. Both properties are strategically located near I-44, providing convenient access to Fort Sill military base (approximately a 10-minute drive) and the PepsiCo manufacturing plant (employing roughly 1,400 people). Geronimo Winds offers a mix of one, two, and three-bedroom units averaging 1,044 square feet, featuring amenities such as an outdoor pool and clubhouse. Kensington Estates features two and three-bedroom units averaging 1,390 square feet, with fenced backyards and a quiet cul-de-sac setting. Both properties present a value-add opportunity through potential rent increases. The portfolio benefits from proximity to recreational areas like the Wichita Mountain National Wildlife Refuge and is within a 90-minute drive of Will Rogers International Airport and 15 minutes from Lawton Fort Sill Airport. This portfolio offers a compelling investment opportunity with strong cash flow potential and significant upside. The properties are situated at 103 Bluejay Blvd, Geronimo, OK 73543 and 1205 Kensington Ln, Elgin, OK 73538.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.