646 Marlin Ct - Apartments FOR SALE


Chickasha, OK 73018
$8,499,000 USD
405-544-5141
646 Marlin Ct, Chickasha, OK for Sale
$8,499,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

646 Marlin Ct
Chickasha, OK 73018


HIGHLIGHTS

  • The Villas at Grand is a fully leased, modern multifamily portfolio in Chickasha, Oklahoma, offering stable income and growth potential for investors.
  • Current rental rate for these units is anywhere between $1,295 to $1,350 monthly, generating stable returns in an expanding market.
  • Excellent connectivity to primary routes, such as Interstate 44, US Highway 62, and US Highway 81, provides strong regional access for residents.
  • Chickasha has experienced steady population growth, increasing by 5.8% since 2020, and expects to increase by another 2.4% over the next four years.

OVERVIEW

Positioned in a rapidly expanding rental market with full occupancy and modern construction, The Villas at Grand presents a compelling opportunity for investors to acquire a stabilized, income-generating multifamily portfolio with substantial long-term upside in the growing Chickasha market outside of Oklahoma City. Recently built in 2023, The Villas at Grand comprises 24 buildings and 48 units, each approximately 1,246 square feet, with two- and three-bedroom layouts, totaling 59,808 square feet. The Villas at Grand has a unique advantage in the outskirts of Oklahoma City, as the Chickasha area is experiencing rapid population growth. Along with the increased popularity, Chickasha has become a hotspot for renters, with nearly half (46%) of the population being in renter-occupied households within a 3-mile radius. Featuring great accessibility, The Villas boasts quick access to Interstate 44, connecting to Downtown Oklahoma City in just 40 minutes. Additionally, US Highway 62 is just two minutes away, and US Highway 81 is seven minutes away, opening the doors for connectivity to The Villas at Grand. Don't miss the opportunity to invest in a fully leased, newly built multifamily portfolio in Chickasha, Oklahoma, offering strong returns in a growing rental market.

FOR SALE DETAILS

PRICE

$8,499,000 USD

PRICE/SF

$142 USD /SF

# OF UNITS

48

PRICE/UNIT

$177,063

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Villas at Grand

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

11.73 AC

LAND SF

510,848 SF

ZONING

-

APN/PARCEL ID

0000-27-07N-07W-4-009-00

ASK ABOUT THIS PROPERTY

Isaac ChristianROI Real Estate, LLCMore Info
405-544-5141

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Isaac ChristianROI Real Estate, LLCMore Info
405-544-5141

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