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Oakridge Apartments 2216 Marilyn St 30 Unit Apartment Building For Sale Weatherford, TX 76085
Investment Highlights
- Oakridge Apartments is a 30-unit, garden-style community originally constructed in 1966
- Oakridge Apartments present the opportunity to acquire a stabilized, turnkey multifamily asset delivering immediate in-place cash flow
- The Property benefits from a strong workforce-driven demand base supported by healthcare, retail, and service employment throughout Weatherford
- The Property consists of six buildings with private entries and a unit mix of two efficiency units averaging 480 square feet
- Situated in Weatherford, an expanding submarket approximately 25 miles west of Fort Worth
- Oakridge Apartments is offered free and clear of existing debt
Property Facts
| Sale Type | Investment | Lot Size | 1.28 AC |
| No. Units | 30 | Building Size | 35,666 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1966 |
| Building Class | C | Parking Ratio | 1.03/1,000 SF |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.28 AC |
| Building Size | 35,666 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 1.03/1,000 SF |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Range
- Freezer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 18 | - | 480 - 630 |
| 2+1 | 12 | - | 795 |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R000038871 | Improvements Assessment | $2,372,210 |
| Land Assessment | $27,790 | Total Assessment | $2,400,000 |
Property Taxes
Parcel Number
R000038871
Land Assessment
$27,790
Improvements Assessment
$2,372,210
Total Assessment
$2,400,000
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Oakridge Apartments | 2216 Marilyn St
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