This property is Off-Market

201 SE 89th Street
Oklahoma City, OK 73149 ·

192 Units · Multifamily For Sale

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WINCHESTER RUN APARTMENTS

Price N/A Property Sub-type Garden/Low-Rise
No. Units 192 Property Use Type Investment
Building Size 115,968 SF Commission Split 1%
Property Type Multifamily Cap Rate 8.33%
Listing ID: 17375214 Date Created: 10/17/2011 Last Updated: 09/18/2012

Description

Exclusively Listed with CRRC.
Winchester Run is a 192-unit two-story garden style apartment community located in prestigious southwest Oklahoma City near upscale residential neighborhoods and in the highly acclaimed Moore school district.

Winchester Run had new roofs installed and complete exterior painting in 2010. The property is unique to most apartments because it leases about 25% of its units to corporate and FAA students. This has enabled the property to operate with very high occupancy and generate higher income than most conventional apartment communities. There is a high demand for corporate and FAA units in this south location due to the property' s close location to Will Rogers World Airport and the Mike Monroney Aeronautical Center.

The property is convenient to Will Rogers Airport, fine dining and shopping, I-240, I-35 and I-44. The Winchester Run location has easy access to Downtown and Bricktown, Tinker AFB, and the nearby Oklahoma City Community College.

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201 SE 89th Street, Oklahoma City, OK 73149 (Oklahoma County)

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