The Park at Westpointe presents a rare opportunity for investors to acquire a Class A, trophy asset located in the highly sought after Yukon submarket of Oklahoma City. Phase I of the property was completed in 2010 with Phase II shortly following in 2011. The property features all of the first class amenities that renters in this market demand. Location Description: Located in Yukon, a Fast Growing Suburb on the West Side of Oklahoma City. Highlights: ■ Built in 2010 and 2011 (2 Phases) ■ Few Miles West of Downtown OKC ■ Located off of I-40 and Kilpatrick Turnpike ■ 6% Cap Rate ■ Blended 4.74% Assumable Loans (2 Phases – 2 Loans) ■ Loans Mature in 2021 ■ 2% Rent Growth in Last Six Months ■ Room for Rent Growth ■ Upside in Detached/Attached Garage Income ■ Year 1 Proforma is based on actual rental rates already signed (no additional rent growth) « show less
The Park at Westpointe presents a rare opportunity for investors to acquire a Class A, trophy asset located in the highly sought after Yukon... show more »
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