The Park @ 12Twenty presents an exceptional opportunity to acquire a stabilized multifamily asset in Pryor, Oklahoma. This 108-unit community spans 8.28 acres and offers a diverse unit mix, including one-, two-, and three-bedroom floor plans, with select units featuring bonus rooms and washer/dryer connections. The property has undergone recent renovations in 2024, enhancing its appeal and operational efficiency.
Occupancy levels range from 95% to 100%, providing immediate in-place cash flow and strong income stability. The property benefits from its proximity to major employment centers, retail amenities, and educational institutions, making it a desirable location for residents. With an average rent per unit of $1,097 and consistent demand in the market, investors can capitalize on both current performance and future rent growth potential.
Positioned in a growing regional market, The Park @ 12Twenty offers long-term upside through continued operational improvements and value-add strategies. This asset combines strong fundamentals with a proven track record of occupancy, making it an attractive addition to any multifamily portfolio.