This property is Off-Market

1900 W. Broadway
Elk City, OK 73644 ·

86 Units · Multifamily For Sale

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Park Place Apartments

Price N/A Property Sub-type Garden/Low-Rise
No. Units 86 Property Use Type Investment
Building Size 76,489 SF Commission Split 3%
Property Type Multifamily Occupancy 90%
Listing ID: 15711387 Date Created: 05/14/2008 Last Updated: 03/27/2009

Description

" 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.

PLEASE CALL FOR A MARKETING PACKAGE ABOUT THIS PROPERTY.

THIS PROPERTY HAS BEEN APPROVED FOR LENDING - CALL FOR DETAILS.

Research

1900 W. Broadway, Elk City, OK 73644 (Beckham County)

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