SVN is pleased to offer Crossing of Anadarko a 40 unit apartment community. Positioned near major employers and developments such as the Western Farmers Electric Cooperative expansion, the property benefits from strong local demand, supporting long-term rental stability and consistent leasing activity. Current average in-place rents of $695 sit 15% below the competitive submarket average of $803, presenting a clear mark-to-market opportunity. By capturing this upside and implementing operational efficiencies, Year 5 pro forma operations project NOI to reach $256,403, driving significant long-term value creation. Offered at $2.95M, the asset delivers an attractive 7.19% going-in cap rate based on a T12 NOI of $212,073. The investment is projected to yield a 5-year levered IRR of 12.41%
and a 1.72x equity multiple. The 40-unit community features a highly desirable mix where 80% of the property consists of spacious two- and three-bedroom layouts. This configuration caters to localfamilies and ensures strong tenant retention