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1205 Springfield Dr
Altus, OK 73521
Ridgecrest Apartments · Multifamily Property For Sale · 62 Units

INVESTMENT HIGHLIGHTS

  • 100% occupancy
  • HUD contract

PROPERTY FACTS

No. Units 62
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Lot Size 7.92 AC
Building Size 50,590 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1974/2016
Parking Ratio 1.94/1,000 SF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Tub/Shower
  • Dining Room
  • Family Room
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • Fenced Lot
  • Laundry Facilities
  • Property Manager on Site
  • Security System
  • Gas Range
  • Maintenance on site
  • Public Transportation

ABOUT 1205 SPRINGFIELD DR , ALTUS, OK 73521

Great HUD property, its 100% full and gets subsidized rent. The units have been remodeled so they have tile throughout which makes getting them ready a lot easier. The complex is located on the corner of Altus OK, and we have a fence around the complex which helps keep random people from walking through the complex. We have upgraded all of the lights on the outside of the complex to new LEDs which makes it really bright at night. With our HUD inspections we have gone through all of the units and made sure they are all up to HUD standard.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 8 $417.00 488
1+1 16 $505.00 598
2+1 18 $604.00 750 - 976
3+1 10 $643.00 903
4+1 10 $683.00 1,052

PROPERTY TAXES

  • Listing ID: 18181754

  • Date on Market: 1/14/2020

  • Last Updated:

  • Address: 1205 Springfield Dr, Altus, OK 73521