Summary: The Multifamily Group is pleased to present the exclusive offering of Frederick Apart- ments, a unique, value-add opportunity in Frederick, Oklahoma. Built in 1975, the property features 60 units with an average size of 603 square feet, all configured as two-bedroom floor plans. The asset is currently 27% occupied, significantly below the submarket’s strong occupancy rate of 97%. Frederick Apartments is being offered free and clear of existing debt. Value-Add: Renovate unit interiors Bring 16 down units back online and raise the occupancy Reduce operating expenses Location: Located in a well-positioned area of Frederick, OK, the subject benefits from convenient access to the city’s primary retail and commercial corridors. The property sits near US-183, providing strong connectivity throughout Frederick and the surrounding region. The property enjoys solid visibility along Highview Ave, a key thoroughfare in the mar- ket, with consistent daily traffic supporting nearby businesses. It is within close proximity to several national and regional retailers including Dollar General, Sonic Drive-In, and Love’s Travel Stop. Additionally, it is just a short drive to local grocery options and essential services. Frederick’s central business district is located just minutes away, offering a variety of dining, retail, and community amenities. The presence of schools, healthcare facilities, and local employers nearby further enhances the appeal of this location to a broad tenant base. The City of Frederick continues to focus on community development and infrastructure improvements aimed at supporting long-term stability and growth. As a hub for Tillman County, Frederick serves as a key economic center for the surrounding rural areas, driving consistent demand for housing and services.