918-230-3875
1220 SE 9th St, Pryor, OK for Sale
Apartments - FOR SALE
1/83
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1220 SE 9th St
Pryor, OK 74361


HIGHLIGHTS

  • Stabilized, Well- Maintained Asset with In-Place Cash Flow
  • Newly Constructed 3-Bedroom Units Added in 2024 | New Roofs in 2022
  • Additional Upside Through In-Unit Washer & Dryer Expansion
  • Proximity to One of Oklahoma’s Largest Industrial Employment Centers
  • 108-unit multifamily community situated on 8.28 acres in Pryor, Oklahoma.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

100

CAP RATE

Request Cap Rate

% LEASED

99%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Park @ 12Twenty Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

146

LAND DETAILS

LAND ACRES

8.28 AC

LAND SF

360,677 SF

ZONING

RS-3

APN/PARCEL ID

1340-00-000-000-0-001-00

ASK ABOUT THIS PROPERTY

Mike MarraraColliersMore Info
918-230-3875

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Mike MarraraColliersMore Info
918-230-3875

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.