Colliers is pleased to present the exclusive opportunity to acquire Villas at Stonelake, a 160-unit multifamily community located in the established Northwest Oklahoma City submarket. The property presents a compelling opportunity to reposition a well-located community through targeted unit renovations, property improvements, and operational enhancements. Villas at Stonelake presents a well-located multifamily investment opportunity in Oklahoma City, offering immediate upside potential through improved occupancy and renovations. Sitting on 11.31 acres with 160 units and approximately 159,000 rentable square feet, the community boasts large floor plans, including one- and two-bedroom apartments and two-bedroom townhomes. Current occupancy is 35%, allowing new ownership to capitalize on leasing demand while implementing value-add improvements to reposition the property. The property’s location provides excellent connectivity to major thoroughfares, retail corridors, and employment centers across Oklahoma City, ensuring strong renter appeal after rehabilitation. Market-supported rent growth post-renovation highlights the opportunity for significant revenue gains as units are upgraded. With a favorable basis relative to replacement cost and operational upside, Villas at Stonelake offers an attractive proposition for investors seeking a high-yield multifamily repositioning project in a dynamic market. The surrounding area supports strong demand for workforce housing, driven by a large renter base and steady population growth throughout Northwest Oklahoma City. More than 208,000 residents live within a five mile radius, providing a deep pool of potential renters for well positioned communities. https://www.colliers.com/en/properties/villas-at-stonelake/usa-7404-lyrewood-ln-oklahoma-city-ok-73132-usa/usa1164925 Villas at Stonelake benefits from convenient access to several of the region’s largest employment centers, including Paycom Corporate Headquarters, Love’s Corporate Headquarters, Integris Baptist Medical Center, and Tinker Air Force Base, which collectively support thousands of jobs throughout the Oklahoma City metro area.