216 W McCurtain Rd - Senior Housing FOR SALE


Calera, OK 74730
$1,500,000 USD
405-614-9081
216 W McCurtain Rd, Calera, OK for Sale
$1,500,000 USD
Senior Housing - FOR SALE
1/2
null | 7% Cap Rate

216 W McCurtain Rd
Calera, OK 74730


HIGHLIGHTS

  • Brand-new construction in a high-growth corridor.
  • Age-restricted housing

OVERVIEW

The Retreat at Calera is a newly built, fully stabilized 55+ community offering 7,453 sq ft across nine modern units designed for low-maintenance living and long-term retention. Located just minutes from Choctaw Casino and major highways, this boutique property delivers consistent demand and exceptional tenant stability. Each unit includes in-unit laundry, private parking, high-speed internet, and energy-efficient construction, while the on-site clubhouse enhances resident satisfaction and supports the community’s strong occupancy performance. With a currently discounted annual NOI of $104,508 and a list price of $1,500,000, this asset offers an impressive 7% cap rate—an unheard of value for brand-new construction in a high-growth corridor. Investors benefit from a simplified operating structure with tenant-paid electric and ownership covering internet, water/sewer/trash, and landscaping, resulting in predictable expenses and reliable cash flow. Age-restricted housing continues to outperform in retention and demand, making this turnkey nine-unit community an exceptional opportunity for buyers seeking stability, modern construction, and long-term performance in a supply-constrained market. Ready to invest?!

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Retreat at Calera

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Senior Housing

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,175 SF

ZONING

-

APN/PARCEL ID

L001-00-033-001-0-000-00,L001-00-033-006-0-000-00

ASK ABOUT THIS PROPERTY

Heather HowellHST & COMore Info
405-614-9081

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Heather HowellHST & COMore Info
405-614-9081

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