2201 14Th St, Ponca City, OK 74601
- Commercial real estate
Current Use by Public Records
- Timbers North Apartments / Lodging / Apartment Complex
Property Details for 2201 14Th St
- Year built
- 1970
- Property type
- Commercial real estate
Description
This exceptional 100-unit apartment building, Timbers North, presents a compelling value-add opportunity in Ponca City, Oklahoma. Constructed in 1970, this garden-style community boasts a strategic location with convenient access to Highway 77 and significant employment centers. Currently operating at 85% occupancy, the property offers substantial upside potential for new ownership. The apartments feature superior unit sizes, the largest average in the market, allowing for increased rental income. A light value-add program focused on targeted interior renovations will further enhance NOI. This property benefits from its location in Ponca City, a city with a growing market and strong business development and educational opportunities. The existing professional third-party management provides a solid foundation for operational improvements. The address is 2201 N 14th St, Ponca City, OK 74601, situated in Kay County. This multifamily investment presents a unique chance to capitalize on a strong location and significant operational improvements. The property's size and potential for increased revenue make it an attractive investment in the Oklahoma market.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Ponca City
- County
- Kay
- State
- Oklahoma
- Longitude
- -97.0644235
- Latitude
- 36.7297006
