214-545-6941
1314 NW Irwin Ave, Lawton, OK for Sale
Apartments - FOR SALE
1/6
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1314 NW Irwin Ave
Lawton, OK 73507


HIGHLIGHTS

  • Value add opportunity – 44.83% occupied when average occupancy within one mile is 91.2%
  • Low cost of living – Lawton is 23% less expensive than the national average
  • Close proximity to Military Base – Just over 2.2 miles from Fort Sill
  • Strong economy – Lawton has a diverse economic base with strong manufacturing sector and a variety of industries
  • Property located less than a mile from the local elementary, middle, and high school
  • Easy access to major roads – U.S HWY 62 and NW Cache Rd are just around one mile from the property offering easy access around town and to Oklahoma

OVERVIEW

The Bella Vista Apartments (the “Property”) are a 56-unit multifamily property located at 1314 NW Irwin Avenue in Lawton, Oklahoma. The property was built in 1968 and constructed of brick with mansard style flat roofs. Currently 46.55% occupied, the property offers 50 one-bedroom units and 6 two-bedroom units. Units are being turned and leased up, but Bella Vista offers a new investor an attractive value-add opportunity to refurbish and lease up the remaining units.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

56

CAP RATE

Request Cap Rate

% LEASED

46%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bella Vista

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

-

APN/PARCEL ID

32149

ASK ABOUT THIS PROPERTY

Claire SchmeltekopfEDGE Realty Capital MarketsMore Info
214-545-6941

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Claire SchmeltekopfEDGE Realty Capital MarketsMore Info
214-545-6941

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