918-671-7272
6401 NW Oak Ave, Lawton, OK for Sale
Apartments - FOR SALE
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null | Request Cap Rate

6401 NW Oak Ave
Lawton, OK 73505


HIGHLIGHTS

  • Strong unit mix featuring primarily one-bedroom layouts appealing to single renters.
  • Currently 84% occupied, offering immediate income with room for occupancy growth.
  • Opportunity for value-add enhancements through interior and exterior renovations.
  • 25-unit multifamily property spanning 0.81 acres with a total of 23,900 SF.
  • Established asset within a stable rental market, providing long-term investment appeal.
  • Located in Lawton, OK, with convenient access to Interstate 44 and nearby amenities.

OVERVIEW

Oaklawn Apartments presents an investment opportunity in a growing submarket of Lawton, Oklahoma. The property comprises 25 units distributed across 0.81 acres, with a total rentable area of 23,900 square feet. Constructed in 1979, the community consists primarily of one-bedroom units, complemented by a single two-bedroom floor plan, appealing to a wide tenant base. Current occupancy stands at 84%, providing immediate cash flow with potential for revenue growth through lease-up and operational efficiency enhancements. Situated in proximity to key amenities, employment centers, and major transportation corridors, Oaklawn Apartments offers strong renter demand supported by a stable local economy. Lawton serves as a regional hub with connectivity to Interstate 44, positioning the asset for continued tenant interest and long-term appreciation potential. Investors have the opportunity to capitalize on stable fundamentals and implement value-add strategies such as interior upgrades, amenity improvements, and enhanced property management.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

25

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oaklawn Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

-

APN/PARCEL ID

0045079

ASK ABOUT THIS PROPERTY

Jason TurnerColliersMore Info
918-671-7272

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Jason TurnerColliersMore Info
918-671-7272

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