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Property profile & analytics
OFF-MARKET
Apartment buildings

2200 University Blvd Durant, OK 74701

Built 1975
Property ID
US69-1997299
Property summary
AI-generated overview

North Park Apartments, a stabilized 80-unit apartment building in Durant, Oklahoma, presents a compelling investment opportunity. Constructed in 1975, this two-story garden-style complex offers immediate cash flow from day one. The property is strategically located at 2200 University Blvd, Durant, OK 74701, within Bryan County. Its prime location benefits from proximity to significant developments and attractions, including the Hard Rock Casino development, The Choctaw Casino and Resort, and the Choctaw Nation Headquarters. This advantageous positioning within the rapidly expanding Dallas-Fort Worth Combined Statistical Area (CSA), experiencing substantial growth along Highway 75, further enhances its investment potential. The property's value-add potential offers upside for future growth. This multifamily asset represents a strong investment in a thriving market with immediate returns and long-term growth prospects. The property's 80 units provide a substantial rental income stream. Further details are available upon request.

Property profile
Verified
Property type Apartment buildings
Year built 1975
UPID US69-1997299
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Parkwood Terrace Apartments Apartment Building
  • North Park Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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