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- LoopNet Team
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 | Building Size | 50,590 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1974/2016 |
| Lot Size | 7.92 AC | Parking Ratio | 1.94/1,000 SF |
| 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
| Parcel Number | 0024-19-002-020-0-000-00 | Improvements Assessment | $101,729 |
| Land Assessment | $27,071 | Total Assessment | $128,800 |
PROPERTY TAXES
