405-253-6654
1920-1926 Cherry Stone, Norman, OK for Sale
Apartments - FOR SALE
1/9
null | Request Cap Rate

1920-1926 Cherry Stone
Norman, OK 73072
Outer Norman


HIGHLIGHTS

  • Proven Lease-Up and Value-Add Opportunity
  • Attractive Pricing Below Market Comps
  • ???????Prime Location Near University of Oklahoma and Employment Hubs

OVERVIEW

Colliers is pleased to present Chalet & Stratford Square Apartments, a 26-unit multifamily investment opportunity located in Norman, Oklahoma. Built in 1968, the property offers immediate upside through lease-up and repositioning, with pricing well below recent market sales. Located less than two miles from the University of Oklahoma, the property benefits from consistent demand from students, university employees, and local residents. With proximity to major retail centers, key employers, and transportation corridors, Chalet & Stratford Square presents investors with an attractive value-add opportunity in one of Oklahoma’s most resilient and economically diverse markets.

FOR SALE DETAILS

PRICE

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# OF UNITS

26

CAP RATE

Request Cap Rate

% LEASED

69%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chalet Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

-

APN/PARCEL ID

R0035954

ASK ABOUT THIS PROPERTY

Chris KennedyColliers Oklahoma, LLCMore Info
405-253-6654

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Chris KennedyColliers Oklahoma, LLCMore Info
405-253-6654

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