715 Monument Rd - Apartments FOR SALE


Ponca City, OK 74604
$3,999,000 USD
918-743-6262
715 Monument Rd, Ponca City, OK for Sale
$3,999,000 USD
Apartments - FOR SALE
1/1
null | 10.62% Cap Rate

715 Monument Rd
Ponca City, OK 74604


HIGHLIGHTS

  • Property is adjacent to a State of Oklahoma Museum and two blocks from the Marland Mansion Event Center

OVERVIEW

Property is located in a very desirable area of the the City. Property is under construction/redevelopment and currently unoccupied. Exterior is complete including a new roof, new windows, new electric and plumbing and HVAC's. Interior needs the work. City of Ponca City will assist in redevelopment. The income is proforma income based on market rates in Ponca City.

FOR SALE DETAILS

PRICE

$3,999,000 USD

PRICE/SF

$98 USD /SF

# OF UNITS

62

PRICE/UNIT

$64,500

CAP RATE

10.62%

% LEASED

0%

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pioneer Place Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

70

LAND DETAILS

LAND ACRES

2.36 AC

LAND SF

102,732 SF

ZONING

-

APN/PARCEL ID

1080-00-003-011-0-000-00

ASK ABOUT THIS PROPERTY

Bill RichertRichert Properties, Inc.More Info
918-743-6262

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Bill RichertRichert Properties, Inc.More Info
918-743-6262

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