2200 University Blvd Durant, OK 74701
- Commercial real estate
Current Use by Public Records
- Parkwood Terrace Apartments / Apartment Building
- North Park Apartments / Apartment Complex
Property Details for 2200 University Blvd
- Year built
- 1975
- Property type
- Commercial real estate
Description
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.
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
- Durant
- County
- Bryan
- State
- Oklahoma
- Longitude
- -96.3972217
- Latitude
- 34.0056609