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5358 S Meridian
Lone Grove, OK 73443
Multifamily Property For Sale · 12 Units
PROPERTY FACTS
| No. Units | 12 | Building Size | 11,960 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1990 |
| Building Class | C | Parking Ratio | 1.67/1,000 SF |
| Lot Size | 2.12 AC |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 2.12 AC |
| Building Size | 11,960 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1990 |
| Parking Ratio | 1.67/1,000 SF |
About 5358 S Meridian , Lone Grove, OK 73443
The Sunset Apartments are situated in Lone Grove Oklahoma, just a few miles west of Ardmore (the largest city on Southern Oklahoma). The city of Ardmore and its neighboring cities are situated halfway between Oklahoma City and Dallas. Some of the larger employers include: Michelin North America 1,950 employees, Mercy Hospital 807, and Dollar General Distribution Center 730. The property has enjoyed the same ownership for many years and the existing property management firm in Ardmore would welcome the opportunity to stay on with the new Owner. Property has great unit mix of 4 - 1 Bed and 8 - 2 Bed units, and boasts a strong occupancy with a continued strong outlook forecast.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $400.00 | 870 |
| 2+1 | 8 | $500.00 | 1,060 |
PROPERTY TAXES
| Parcel Number | 2055-00-000-003-0-001-00 | Improvements Assessment | $28,124 |
| Land Assessment | $8,168 | Total Assessment | $36,292 |
PROPERTY TAXES
zoning
| Zoning Code | C1 |
| C1 |
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