2269 NE Grand Blvd | Oklahoma City, OK 73111
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- LoopNet Team
2269 NE Grand Blvd
Oklahoma City, OK 73111
Grand Boulevard Townhomes · Multifamily Property For Sale
·
132 Units
INVESTMENT HIGHLIGHTS
- $12M+ in Value-Add Upside – Asset Is Ready for Immediate Implementation
- Unit Mix That Offers Large Floorplans – 983 SF Average
- 17% Rise in Population in the Last 10 Years – 681,054 OKC MSA
- $400+ in Potential Rent Upside
- Rents in the Submarket Have Increased by 8% 2022 YTD, Increased by 8.6% in 2021 – Projected To Continue Growing by Another 4% in 2022 – Costar
- Opportunity To Improve Occupancy to Market Averages of 95% – Yardi (Currently 47% Occupied)
PROPERTY FACTS
| No. Units | 132 | Building Size | 129,800 SF |
| Property Type | Multifamily | Average Occupancy | 47% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1967/2020 |
| Building Class | C | Parking Ratio | 0.73/1,000 SF |
| Lot Size | 7.85 AC | ||
| Zoning | UC | ||
| No. Units | 132 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.85 AC |
| Building Size | 129,800 SF |
| Average Occupancy | 47% |
| No. Stories | 2 |
| Year Built/Renovated | 1967/2020 |
| Parking Ratio | 0.73/1,000 SF |
| Zoning | UC |
AMENITIES
UNIT AMENITIES
- Oven
SITE AMENITIES
- Laundry Facilities
- Playground
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 88 | - | 950 |
| 3+2 | 44 | - | 1,050 |
PROPERTY TAXES
| Parcel Number | 133404500 | Improvements Assessment | $308,031 |
| Land Assessment | $56,421 | Total Assessment | $364,452 |
PROPERTY TAXES
Parcel Number
133404500
Land Assessment
$56,421
Improvements Assessment
$308,031
Total Assessment
$364,452
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