Sunridge Estates | 4121 S Van Buren St
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Sunridge Estates 4121 S Van Buren St
135 Unit Apartment Building For Sale Enid, OK 73703
Investment Highlights
- Highly Desirable 1990s BTR Construction
- Economic Development in Enid
- Significant Financial Upside
Executive Summary
Capstone is pleased to present Sunridge Estates: a 135-unit BTR community in Enid, Oklahoma. Sunridge Estates beat the mass migration to the build-to-rent product type having been built between 1983-2012. Sunridge Estates offers investors significant financial upside in rental rate increases via updating units as well as taking advantage of operational efficiencies and assumable financing with potential seller carry. Lastly, the economic development in Enid bodes well for new ownership to enjoy a business-friendly environment and steady rental demand throughout ownership.
Property Facts
| Sale Type | Investment | Lot Size | 40.16 AC |
| No. Units | 135 | Building Size | 179,820 SF |
| Property Type | Multifamily | Average Occupancy | 78% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1996 |
| Building Class | C |
| Sale Type | Investment |
| No. Units | 135 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 40.16 AC |
| Building Size | 179,820 SF |
| Average Occupancy | 78% |
| No. Stories | 1 |
| Year Built | 1996 |
Unit Amenities
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Wheelchair Accessible (Rooms)
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | - | 806 |
| 1+1.5 | 33 | - | 950 |
| 2+1.5 | 66 | - | 725 |
| 2+2 | 20 | - | 950 |
| 3+2 | 1 | - | 1,250 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $373,662 | |
| Land Assessment | $130,371 | Total Assessment | $504,033 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$130,371
Improvements Assessment
$373,662
Total Assessment
$504,033
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Sunridge Estates | 4121 S Van Buren St
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