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The Vue 750 W Imhoff Rd 24 Unit Apartment Building $9,800,000 ($408,333/Unit) Norman, OK 73072
INVESTMENT HIGHLIGHTS
- Two Story Lobby, High Quality Construction, Owner is a Commercial General Contractor, Award winning pool, Fully Furnished
EXECUTIVE SUMMARY
Prime investment opportunity for this 24-unit multifamily property.
theVUE is a 79-room, five-tower, four-level complex connected by covered breezeways, elevator access, and stair towers wrapped in a sheer stainless steel mesh. Masonry, articulated stucco, and red composite panels clad the exterior and seamlessly blend the striking elements of the design. This one of a kind dwelling affords its residents unique amenities, including secure card access, a safe room on each level, assigned parking, tanning capsule, lounge pool with BBQ grilling, and a stunning rooftop terrace with unobstructed views to the University of Oklahoma and beyond.
Additional features include:
- A two-story Lobby Lounge features a gourmet coffee bar and computer kiosk.
- A well-equipped Fitness Room, again with a great view of the campus.
- A Media Room for studying or watching the big game, featuring several video screens and panoramic vistas.
- Fully furnished two and four-bedroom apartments with high-end finishes, individual bathrooms for each room, full-size washer/dryer, and private balconies.
- A Rooftop Sky Lounge crowns the complex with a quintessential urban living experience five stories above Norman.
- Residents enjoy an outdoor kitchen, garden, and relaxed seating… It’s the perfect place to capture theVUE.
Sky Lounge - Rooftop Terrace - Fully Furnished - Secure Access - Private Balcony - Swimming Pool - Fitness Room - Close to Campus - Media Room - Safe Rooms - Bar-B-Que -Gated Parking
LOT SIZE: 60,635 SF (ZONED RM-6)
NUMBER OF BUILDINGS: 5 Connected
TOTAL SQUARE FOOTAGE: 32,890SF
COMMON AREAS INTERIOR: 2,398 SF
COMMON AREAS EXTERIOR: 7,325 SF
PROPERTY TYPE: STUDENT HOUSING
ROOFTOP TERRACE: 1298 SF
OPEN PARKING SPACES: 40
GATED PARKING SPACES: 48
TWO-BEDROOM APARTMENTS: 8
THREE-BEDROOM APARTMENT: 1
FOUR-BEDROOM APARTMENTS: 15
INDIVIDUAL BEDROOMS: 79
BUILT: AUGUST 2015
theVUE is a 79-room, five-tower, four-level complex connected by covered breezeways, elevator access, and stair towers wrapped in a sheer stainless steel mesh. Masonry, articulated stucco, and red composite panels clad the exterior and seamlessly blend the striking elements of the design. This one of a kind dwelling affords its residents unique amenities, including secure card access, a safe room on each level, assigned parking, tanning capsule, lounge pool with BBQ grilling, and a stunning rooftop terrace with unobstructed views to the University of Oklahoma and beyond.
Additional features include:
- A two-story Lobby Lounge features a gourmet coffee bar and computer kiosk.
- A well-equipped Fitness Room, again with a great view of the campus.
- A Media Room for studying or watching the big game, featuring several video screens and panoramic vistas.
- Fully furnished two and four-bedroom apartments with high-end finishes, individual bathrooms for each room, full-size washer/dryer, and private balconies.
- A Rooftop Sky Lounge crowns the complex with a quintessential urban living experience five stories above Norman.
- Residents enjoy an outdoor kitchen, garden, and relaxed seating… It’s the perfect place to capture theVUE.
Sky Lounge - Rooftop Terrace - Fully Furnished - Secure Access - Private Balcony - Swimming Pool - Fitness Room - Close to Campus - Media Room - Safe Rooms - Bar-B-Que -Gated Parking
LOT SIZE: 60,635 SF (ZONED RM-6)
NUMBER OF BUILDINGS: 5 Connected
TOTAL SQUARE FOOTAGE: 32,890SF
COMMON AREAS INTERIOR: 2,398 SF
COMMON AREAS EXTERIOR: 7,325 SF
PROPERTY TYPE: STUDENT HOUSING
ROOFTOP TERRACE: 1298 SF
OPEN PARKING SPACES: 40
GATED PARKING SPACES: 48
TWO-BEDROOM APARTMENTS: 8
THREE-BEDROOM APARTMENT: 1
FOUR-BEDROOM APARTMENTS: 15
INDIVIDUAL BEDROOMS: 79
BUILT: AUGUST 2015
PROPERTY FACTS
| Price | $9,800,000 | Building Class | A |
| Price Per Unit | $408,333 | Lot Size | 1.54 AC |
| Sale Type | Investment | Building Size | 32,890 SF |
| No. Units | 24 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 2015 |
| Apartment Style | Mid-Rise | Parking Ratio | 2.68/1,000 SF |
| Zoning | SPUD 1718-35 - Simple Planned Unit Development | ||
| Price | $9,800,000 |
| Price Per Unit | $408,333 |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 1.54 AC |
| Building Size | 32,890 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 2015 |
| Parking Ratio | 2.68/1,000 SF |
| Zoning | SPUD 1718-35 - Simple Planned Unit Development |
AMENITIES
UNIT AMENITIES
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Built-In Bookshelves
- Double Pane Windows
- Pantry
- Patio
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Business Center
- Controlled Access
- Fenced Lot
- Fitness Center
- Laundry Facilities
- Picnic Area
- Pool
- Property Manager on Site
- Spa
- Gated
- Furnished Units Available
- Grill
- Wheelchair Accessible
- Media Center/Movie Theatre
- Trash Pickup - Door to Door
- Wi-Fi
- Bicycle Storage
- Car Charging Station
- Community-Wide WiFi
- Conference Rooms
- Elevator
- Lounge
- Multi Use Room
- Sundeck
- Zen Garden
- Public Transportation
- Walk To Campus
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 8 | - | 747 |
| 3+3 | 1 | - | 867 - 1,046 |
| 4+4 | 15 | - | 1,240 |
1 1
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | R0137550 | Improvements Assessment | $449,343 |
| Land Assessment | $71,140 | Total Assessment | $520,483 |
PROPERTY TAXES
Parcel Number
R0137550
Land Assessment
$71,140
Improvements Assessment
$449,343
Total Assessment
$520,483
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Pinnacle Resources Group
The Vue | 750 W Imhoff Rd
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