1900 W. Broadway
Elk City, OK 73644 ·
86 Units · Multifamily For Sale
Park Place Apartments
|No. Units||86||Property Use Type||Investment|
|Building Size||76,489 SF||Commission Split||3%|
|Listing ID: 15711387||Date Created: 05/14/2008||Last Updated: 03/27/2009|
" Strong financial performance with great potential as current rent rates are phased in
" Ample parking on blacktop surface
" A one-story office, laundry and maintenance storage building
" 11 two-story apartment buildings
" Two large courtyards
" New wood privacy fence surrounding property
" This property has a current contract with OHFA (Oklahoma Housing Financial Agency) that expires in 2020. Vouchers are issued by OHFA for Low Income Housing. Vouchers through OHFA pay at market rate.
" All units are all electric.
******** Corporate rates for fully furnished with utilities are $715/One-Bedroom, $990/Two-Bedroom, $1140/ Three Bedroom.********
Park Place is situated within walking distance of shopping, downtown, a major regional health center, and the city park, and the historical Route 66 Museum.
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