Chickasha Multifamily for Sale - Grady County
Summary:
The Multifamily Group is proud to present Winding Creek, an exclusive value-add investment opportunity in Chickasha, Oklahoma. Originally constructed in 1974, the community is comprised of 50 units averaging 786 square feet, including 48 traditional units plus one duplex. Offering a mix of one-, two-, and three-bedroom floorplans, the property is weighted toward larger layouts, with 84% (42 units) being two- and three-bedrooms. Current occupancy stands at an impressive 98%, with submarket levels nearly as strong at 97%. Winding Creek has an assumable loan, see pages 9-10 of the OM.
Value-Add:
- Renovate 49 units for ~$180/month proven rent premiums ($100 on 1BDs, $200 on 2BDs).
- Implement a bulk cable/internet contract (quote from Optimum is available from a TMG Broker).
- Introduce gas RUBS (currently included with the rent).
- Cut $800/month in expenses by buying a riding mower and shifting lawn care in-house.
- Convert storage at Building 7 into a ~500 SF studio unit.
- Add covered parking on 10+ spaces for extra rental income.
- Repurpose laundry-room storage areas into rentable storage units.
- Leverage excess land to add new amenities. Other potential options for the site include a pickleball court, swimming pool, or similar amenities. Additionally, the room behind one of the laundry facilities could be converted into a small fitness center.
Location:
Located less than 40-miles from downtown Oklahoma City, Winding Creek combines small-town community living with excellent connectivity via I-44 and Highway-81. The property sits just minutes from major retailers like Chick-fil-A, Starbucks, Walmart, Lowe’s, and Walgreens, as well as local dining options. Anchors such as the University of Science and Arts of Oklahoma, which recently reported significant enrollment growth for Fall 2025, including an 18% increase in the freshmen class, and regional employers in energy, manufacturing, and healthcare drive steady housing demand. Looking ahead, Chickasha is preparing for a $3.5 billion, 200-acre industrial park near the municipal airport, anchored by a private power plant and state-of-the-art data center, and expected to create 3,000 - 4,500 jobs over the next decade. Supported by Citizen Capital and Lightfield Energy, the park’s behind-the-meter natural gas power plant will deliver reliable, off-grid energy for high-demand industries, strengthening Winding Creek’s long-term leasing outlook.
