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The Villas at Grand 646 Marlin Ct 48 Unit Apartment Building $11,857,805 CAD ($247,038 CAD/Unit) Chickasha, OK 73018

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INVESTMENT HIGHLIGHTS

  • The Villas at Grand is a fully leased, modern multifamily portfolio in Chickasha, Oklahoma, offering stable income and growth potential for investors.
  • Excellent connectivity to primary routes, such as Interstate 44, US Highway 62, and US Highway 81, provides strong regional access for residents.
  • Current rental rate for these units is anywhere between $1,295 to $1,350 monthly, generating stable returns in an expanding market.
  • Chickasha has experienced steady population growth, increasing by 5.8% since 2020, and expects to increase by another 2.4% over the next four years.

EXECUTIVE SUMMARY

Positioned in a rapidly expanding rental market with full occupancy and modern construction, The Villas at Grand presents a compelling opportunity for investors to acquire a stabilized, income-generating multifamily portfolio with substantial long-term upside in the growing Chickasha market outside of Oklahoma City. Recently built in 2023, The Villas at Grand comprises 24 buildings and 48 units, each approximately 1,246 square feet, with two- and three-bedroom layouts, totaling 59,808 square feet.

The Villas at Grand has a unique advantage in the outskirts of Oklahoma City, as the Chickasha area is experiencing rapid population growth. Along with the increased popularity, Chickasha has become a hotspot for renters, with nearly half (46%) of the population being in renter-occupied households within a 3-mile radius.

Featuring great accessibility, The Villas boasts quick access to Interstate 44, connecting to Downtown Oklahoma City in just 40 minutes. Additionally, US Highway 62 is just two minutes away, and US Highway 81 is seven minutes away, opening the doors for connectivity to The Villas at Grand.

Don't miss the opportunity to invest in a fully leased, newly built multifamily portfolio in Chickasha, Oklahoma, offering strong returns in a growing rental market.

SALE FLYER

PROPERTY FACTS

Price $11,857,805 CAD
Price Per Unit $247,038 CAD
Sale Type Investment
No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 18.72 AC
Building Size 59,808 SF
No. Stories 1
Year Built 2023

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Pet Play Area
  • Walk-Up
  • Smoke Detector

NEARBY AMENITIES

HOTELS

Best Western Plus
72 rooms
1 min drive
Quality Inn
151 rooms
5 min drive
Fairfield Inn
91 rooms
6 min drive
Holiday Inn Express
62 rooms
6 min drive
OYO
68 rooms
7 min drive
Hampton by Hilton
63 rooms
6 min drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0000-27-07N-07W-4-009-00
Land Assessment
$19,070 CAD
Improvements Assessment
$0 CAD
Total Assessment
$19,070 CAD

SALE ADVISORS

SALE ADVISORS

Isaac Christian, Managing Broker
Isaac Christian is the Managing Broker, and owner of ROI Real Estate. With over 17 years of experience in the real estate industry, Isaac is able to provide clients with a wide range of counsel. Having worked predominantly as a real estate developer, Isaac’s knowledge base provides unique perspective when it comes to evaluating real estate. Developing real estate all around the Oklahoma City metropolitan area has allowed him to actively participate in land acquisitions, rezoning and platting properties, conceptualize master site plans, turnkey development of sites (to include commercial, industrial, multifamily, and residential communities), and construction of custom and spec homes and offices. It was this experience that ultimately led Isaac to take on the opportunity to own and manage ROI.  While ROI Real Estate provides services pertaining to residential and commercial real estate, Isaac’s focus is mainly on commercial land acquisition and office leasing/sales.
Allison Reeves
Allison Reeves is a licensed Real Estate Agent in the State of Oklahoma for ROI Real Estate. Allison is a graduate of Oklahoma City Community College and has an Associate’s Degree in Applied Science. With 3 years of experience in the real estate industry, Allison can help clients in all aspects of real estate needs such as leasing, purchasing, selling or buying a home! She is dedicated to putting her clients first and helping them dream up their future space. While ROI Real Estate provides services pertaining to residential and commercial real estate, Allison’s focus is mainly on office leasing/sales and selling residential homes.

When Allison is not showing off the amazing opportunities ROI Real Estate has to offer, she loves spending her time at the lake, on the boat, and making memories with her junior high sweetheart and beautiful little girl. Allison loves shopping, spending time with friends, and most importantly family. Allison puts her faith and family first.
  • Listing ID: 32123641

  • Date on Market: 2024-06-13

  • Last Updated:

  • Address: 646 Marlin Ct, Chickasha, OK 73018

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