750 W Imhoff Rd - Apartments FOR SALE


Norman, OK 73072- Outer Norman
$9,800,000 USD
405-735-3207
750 W Imhoff Rd, Norman, OK for Sale
$9,800,000 USD
Apartments - FOR SALE
1/75
null | Request Cap Rate

750 W Imhoff Rd
Norman, OK 73072
Outer Norman


HIGHLIGHTS

  • Two Story Lobby, High Quality Construction, Owner is a Commercial General Contractor, Award winning pool, Fully Furnished

OVERVIEW

Prime investment opportunity for this 24-unit multifamily property. theVUE is a 79-room, five-tower, four-level complex connected by covered breezeways, elevator access, and stair towers wrapped in a sheer stainless steel mesh. Masonry, articulated stucco, and red composite panels clad the exterior and seamlessly blend the striking elements of the design. This one of a kind dwelling affords its residents unique amenities, including secure card access, a safe room on each level, assigned parking, tanning capsule, lounge pool with BBQ grilling, and a stunning rooftop terrace with unobstructed views to the University of Oklahoma and beyond. Additional features include: - A two-story Lobby Lounge features a gourmet coffee bar and computer kiosk. - A well-equipped Fitness Room, again with a great view of the campus. - A Media Room for studying or watching the big game, featuring several video screens and panoramic vistas. - Fully furnished two and four-bedroom apartments with high-end finishes, individual bathrooms for each room, full-size washer/dryer, and private balconies. - A Rooftop Sky Lounge crowns the complex with a quintessential urban living experience five stories above Norman. - Residents enjoy an outdoor kitchen, garden, and relaxed seating… It’s the perfect place to capture theVUE. Sky Lounge - Rooftop Terrace - Fully Furnished - Secure Access - Private Balcony - Swimming Pool - Fitness Room - Close to Campus - Media Room - Safe Rooms - Bar-B-Que -Gated Parking LOT SIZE: 60,635 SF (ZONED RM-6) NUMBER OF BUILDINGS: 5 Connected TOTAL SQUARE FOOTAGE: 32,890SF COMMON AREAS INTERIOR: 2,398 SF COMMON AREAS EXTERIOR: 7,325 SF PROPERTY TYPE: STUDENT HOUSING ROOFTOP TERRACE: 1298 SF OPEN PARKING SPACES: 40 GATED PARKING SPACES: 48 TWO-BEDROOM APARTMENTS: 8 THREE-BEDROOM APARTMENT: 1 FOUR-BEDROOM APARTMENTS: 15 INDIVIDUAL BEDROOMS: 79 BUILT: AUGUST 2015

FOR SALE DETAILS

PRICE

$9,800,000 USD

PRICE/SF

$298 USD /SF

# OF UNITS

24

PRICE/UNIT

$408,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Vue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2015

PARKING SPACES

88

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

SPUD 1718-35

APN/PARCEL ID

R0137550

ASK ABOUT THIS PROPERTY

Randy ElliottPinnacle Resources GroupMore Info
405-735-3207

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Randy ElliottPinnacle Resources GroupMore Info
405-735-3207

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