Log In/Sign Up
Your email has been sent.
Oaklawn Apartments 6401 NW Oak Ave 25 Unit Apartment Building For Sale Lawton, OK 73505
Investment Highlights
- Strong unit mix featuring primarily one-bedroom layouts appealing to single renters.
- Opportunity for value-add enhancements through interior and exterior renovations.
- Established asset within a stable rental market, providing long-term investment appeal.
- Currently 84% occupied, offering immediate income with room for occupancy growth.
- 25-unit multifamily property spanning 0.81 acres with a total of 23,900 SF.
- Located in Lawton, OK, with convenient access to Interstate 44 and nearby amenities.
Executive Summary
Oaklawn Apartments presents an investment opportunity in a growing submarket of Lawton, Oklahoma. The property comprises 25 units distributed across 0.81 acres, with a total rentable area of 23,900 square feet. Constructed in 1979, the community consists primarily of one-bedroom units, complemented by a single two-bedroom floor plan, appealing to a wide tenant base. Current occupancy stands at 84%, providing immediate cash flow with potential for revenue growth through lease-up and operational efficiency enhancements.
Situated in proximity to key amenities, employment centers, and major transportation corridors, Oaklawn Apartments offers strong renter demand supported by a stable local economy. Lawton serves as a regional hub with connectivity to Interstate 44, positioning the asset for continued tenant interest and long-term appreciation potential. Investors have the opportunity to capitalize on stable fundamentals and implement value-add strategies such as interior upgrades, amenity improvements, and enhanced property management.
Situated in proximity to key amenities, employment centers, and major transportation corridors, Oaklawn Apartments offers strong renter demand supported by a stable local economy. Lawton serves as a regional hub with connectivity to Interstate 44, positioning the asset for continued tenant interest and long-term appreciation potential. Investors have the opportunity to capitalize on stable fundamentals and implement value-add strategies such as interior upgrades, amenity improvements, and enhanced property management.
Property Facts
| Sale Type | Investment | Lot Size | 0.81 AC |
| No. Units | 25 | Building Size | 16,155 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1979 |
| Building Class | C |
| Sale Type | Investment |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.81 AC |
| Building Size | 16,155 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1979 |
Amenities
Unit Amenities
- Dishwasher
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 25 | - | 646 |
Moderately walkable
60/100
Moderately drivable
70/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0045079 | Improvements Assessment | $74,608 CAD |
| Land Assessment | $11,136 CAD | Total Assessment | $85,744 CAD |
Property Taxes
Parcel Number
0045079
Land Assessment
$11,136 CAD
Improvements Assessment
$74,608 CAD
Total Assessment
$85,744 CAD
Contacts
-
Jason Turner -
Chris Kennedy -
David Dirkschneider -
Mike Marrara -
Ryan Gorman -
Colliers
1 of 75
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Oaklawn Apartments | 6401 NW Oak Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.