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1701 S Monroe St
Enid, OK 73701
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Phase 2 units under construction, offering investors future-ready portfolio growth.
- Located within Enid city limits with convenient access to schools, retail, and major roadways.
- Strong rental fundamentals supported by regional recovery and population stability.
- Three-bedroom, two-bathroom layouts with open living areas and hardwood floors.
- Phase 1 units completed and leasing rapidly amid heightened local housing demand.
Executive Summary
The upcoming second phase of multifamily properties off of W Moore St replicates the design and quality of the first, offering five additional duplexes scheduled for completion by late 2026. Current pre-leasing momentum indicates a strong appetite for well-built rental housing, creating a forward-stabilized investment scenario upon delivery. Investors can secure these assets now and position themselves ahead of full occupancy, leveraging robust demand dynamics and operational efficiencies across this expanding cluster of modern duplex residences.
Each structure will mirror the phase one specifications with three-bedroom/two-bath layouts, private entries, and energy-efficient systems, each equipped with 1 car garages. Located within Enid’s R-7 multifamily zone, this development stands to benefit from improved infrastructure and strong connectivity, making it a compelling addition for buyers seeking scale and consistent income streams in a growth market.
Each structure will mirror the phase one specifications with three-bedroom/two-bath layouts, private entries, and energy-efficient systems, each equipped with 1 car garages. Located within Enid’s R-7 multifamily zone, this development stands to benefit from improved infrastructure and strong connectivity, making it a compelling addition for buyers seeking scale and consistent income streams in a growth market.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 10 | - | 2,420 |
Property Taxes
| Parcel Number | 1660-00-000-004-0-017-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $7,839 CAD | Total Assessment | $7,839 CAD |
Property Taxes
Parcel Number
1660-00-000-004-0-017-00
Land Assessment
$7,839 CAD
Improvements Assessment
$0 CAD
Total Assessment
$7,839 CAD
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