331-307-7194
500 S Leach Ave, Watonga, OK for Sale
Apartments - FOR SALE
1/15
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500 S Leach Ave
Watonga, OK 73772


HIGHLIGHTS

  • 100% Covered under Project-Based Section 8 HAP Contract
  • LIHTC Overlay (placed in service in 2007)
  • 7 buildings with ample outdoor space designated for families

OVERVIEW

Grand Prairie is located in Watonga, Oklahoma. It is less than 70 miles northwest of Oklahoma City, conveniently located off of US-281. Two- and three-bedroom floorplans make up the 40-unit mix, specifically designed for families. Grand Prairie is 100% covered under a MOD Rehab Section 8 Contract set to renew in 2027. It was renovated with low-income housing tax credits in 2007 and is now out of it's initial compliance period.

FOR SALE DETAILS

PRICE

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# OF UNITS

40

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grand Prairie Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.67 AC

LAND SF

159,865 SF

ZONING

-

APN/PARCEL ID

0165-00-003-000-0-000-00

ASK ABOUT THIS PROPERTY

Monica DanekPerformance Real Estate AdvisorsMore Info
331-307-7194

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Monica DanekPerformance Real Estate AdvisorsMore Info
331-307-7194

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