Multifamily Property For Sale - Riviera Park Apartments

5105 N. Hales Drive, Oklahoma City, OK, 73112

 

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Riviera Park Apartments

5105 N. Hales Drive, Oklahoma City, OK 73112

Riviera Park Apartments
  • N/A
  • 80
  • 76,780 SF
  • Multifamily
  • Garden/Low-Rise
  • Investment
  • Yes
  • 3%
  • 9%
  • 6
Last Verified  8/13/2009 Listing ID  16044245

Description

Construction: Wood Frame with Brick and Stone Veneer. Individually metered electric, owner pays water/sewer/trash. Amenities: Each unit consists of kitchens with ovens, dishwasher, disposal and refrigerator. The property has two swimming pools and three laundry units. Riviera Park is an excellent candidate for repositioning in the market place to improve rents and income. With proper management and minor improvements to teh property Riviera Park offers significant upside and potential for tremendous return on investment.

Located in one of the best rental areas in the city. Riviera Park sits near high quality residential, commercial and retail developments. Located within several blocks of most services including churches, shopping, banks and Baptist Hospital.

New report ranks Oklahoma City 2nd - Tulsa 9th - among top performing cities in nation - 6/16/2009
Oklahoma City is ranked second among the nation' s 100 largest metro areas for economic performance since the recession was declared in December, and Tulsa ranked ninth in the analysis from the Brookings Institution' s Metropolitan Policy Program. The MetroMonitor report is the first comprehensive analysis of the impact of the recession on metropolitan America, its authors say. The research examines six key indicators employment, employment change by industry, unemployment rates, wages, gross metropolitan product and housing prices and foreclosure rates through the first quarter of 2009.

Map of 5105 N. Hales Drive, Oklahoma City, OK 73112 (Oklahoma County)

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Created 1/5/2009

Additional Information for 5105 Hales Drive, Oklahoma City, OK 73112

  • Active For Sale - 0 Listing
  • Active For Lease - 0 Listing
  • Previously Listed - 3 Historic Listings
  • Sales Comparables Available - 0 RecentSales Record

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