Log In/Sign Up
Your email has been sent.
The Park @ 12Twenty Apartments 1220 SE 9th St 100 Unit Apartment Building For Sale Pryor, OK 74361
Investment Highlights
- Stabilized, Well- Maintained Asset with In-Place Cash Flow
- Additional Upside Through In-Unit Washer & Dryer Expansion
- 108-unit multifamily community situated on 8.28 acres in Pryor, Oklahoma.
- Newly Constructed 3-Bedroom Units Added in 2024 | New Roofs in 2022
- Proximity to One of Oklahoma’s Largest Industrial Employment Centers
Executive Summary
The Park @ 12Twenty presents an exceptional opportunity to acquire a stabilized multifamily asset in Pryor, Oklahoma. This 108-unit community spans 8.28 acres and offers a diverse unit mix, including one-, two-, and three-bedroom floor plans, with select units featuring bonus rooms and washer/dryer connections. The property has undergone recent renovations in 2024, enhancing its appeal and operational efficiency.
Occupancy levels range from 95% to 100%, providing immediate in-place cash flow and strong income stability. The property benefits from its proximity to major employment centers, retail amenities, and educational institutions, making it a desirable location for residents. With an average rent per unit of $1,097 and consistent demand in the market, investors can capitalize on both current performance and future rent growth potential.
Positioned in a growing regional market, The Park @ 12Twenty offers long-term upside through continued operational improvements and value-add strategies. This asset combines strong fundamentals with a proven track record of occupancy, making it an attractive addition to any multifamily portfolio.
Occupancy levels range from 95% to 100%, providing immediate in-place cash flow and strong income stability. The property benefits from its proximity to major employment centers, retail amenities, and educational institutions, making it a desirable location for residents. With an average rent per unit of $1,097 and consistent demand in the market, investors can capitalize on both current performance and future rent growth potential.
Positioned in a growing regional market, The Park @ 12Twenty offers long-term upside through continued operational improvements and value-add strategies. This asset combines strong fundamentals with a proven track record of occupancy, making it an attractive addition to any multifamily portfolio.
Property Facts
| Sale Type | Investment | Lot Size | 8.28 AC |
| No. Units | 100 | Building Size | 79,404 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1974 |
| Building Class | C | Parking Ratio | 2.09/1,000 SF |
| Zoning | RS-3 | ||
| Sale Type | Investment |
| No. Units | 100 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 8.28 AC |
| Building Size | 79,404 SF |
| Average Occupancy | 99% |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 2.09/1,000 SF |
| Zoning | RS-3 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Freezer
- Vinyl Flooring
Site Amenities
- Laundry Facilities
- Property Manager on Site
- Laundry Service
- Package Service
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | - | 667 |
| 2+1 | 60 | - | 839 |
| 3+1.5 | 16 | - | 998 |
1 1
Property Taxes
| Parcel Number | 1340-00-000-000-0-001-00 | Improvements Assessment | $1,258,748 CAD |
| Land Assessment | $72,956 CAD | Total Assessment | $1,331,705 CAD |
Property Taxes
Parcel Number
1340-00-000-000-0-001-00
Land Assessment
$72,956 CAD
Improvements Assessment
$1,258,748 CAD
Total Assessment
$1,331,705 CAD
Contacts
-
Mike Marrara -
Ryan Gorman -
Jason Turner -
David Dirkschneider -
Chris Kennedy -
Ryan Chapman -
Shana Avison -
Colliers
1 of 84
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
The Park @ 12Twenty Apartments | 1220 SE 9th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.