Apartments For Sale
88,860 Sq Ft
SVN OAK Realty Advisors is pleased to announce the exclusive listing of the Prairie Village Apartments in Pryor, Oklahoma. This 100 unit apartment community has a excellent unit mxi and is well located in Pryor Oklahoma. The property has close proximity to the Mid-American Industrial Park with over 80 companies conduct business including Google, Chevron, and FinTube to name a few. This location combined with the strong market fundamentals which have been witnessed over the past five years gives this submarket of Tulsa a strong occupancy and strong rental growth rate coupled with low turnover and good tenant profile.
Prairie Village is a terrific opportunity for a Buyer to acquire a performing stabilized property at substantial below market costs with solid in place CAP Rate at 8.19% with cash on cash return in excess of 13.45% with a 75% loan. Offers will be considered on a first come first serve basis. All offers should be accompanied with a dossier or proof of funds.