Key Facts
Year Built | 2004 |
Building Area |
|
Number of units | 160 |
Property Description
Jones Lang LaSalle Americas, Inc. ("JLL"), a licensed real estate broker, is pleased to offer the exclusive opportunity to acquire the OK3 Portfolio, a three-property, 512-unit multi-housing Portfolio in the Oklahoma City MSA. The Portfolio represents an tremendous value-add opportunity as all three Properties are currently going through a market-rate conversion from affordable housing. An Investor will benefit from significant, organic rent growth as nearby unrestricted communities achieve rents in excess of $200 above current lease rents across the Portfolio. The Portfolio is well-located, within close proximity to key employment drivers, and offers tremendous upside while also generating attractive interim cash flow.
Investment Highlights
- Market-Rate Conversion Currently Underway, Resulting in Outsized Revenue Growth
- Prime Locations Adjacent to Major Employers in Rapidly-Growing & Diversifying MSA
- Attractive Value-Add Opportunity
- Large Floorplans & Suburban Location Drives Demand


Interested in this property?
Please fill out the form below
Similar Properties
View more
Multi-housing / PRS
Crown Centre (4.8 Acres)
US - Lewisville, TX
Multi-housing / PRS
Lofts at Watters Creek
US - Allen, TX
Multi-housing / PRS
Lenox Castle Hills
US - Carrollton, TX
Multi-housing / PRS
Arbors of Carrollton
US - Carrollton, TX
Multi-housing / PRS
the Brickyard
US - Farmers Branch, TX
Multi-housing / PRS
Chimney Hill
US - Dallas, TX
Multi-housing / PRS
Arpeggio Victory Park
US - Dallas, TX
Multi-housing / PRS
Naismith Hall
US - Lawrence, KS
Multi-housing / PRS
$22.5 Million Non-Performing Multifamily Loan
US - Various, TX
Multi-housing / PRS
Independence Towers
US - Independence, MO
Multi-housing / PRS
The Remington
US - Killeen, TX
Multi-housing / PRS
Parkside at Round Rock
US - Round Rock, TX
Multi-housing / PRS
Parc at 505
US - Houston, TX
Multi-housing / PRS
Champions at Ponderosa
US - Houston, TX
Multi-housing / PRS
Laurel Heights Apartments
US - New Braunfels, TX
Multi-housing / PRS
Amberjack Estates
US - Houston, TX
Multi-housing / PRS
Eclipse
US - Houston, TX
Multi-housing / PRS
Marquette at Piney Point
US - Houston, TX
Multi-housing / PRS
Marquis Downtown Houston Lofts
US - Houston, TX
Multi-housing / PRS
Avenue Grove
US - Houston, TX
Multi-housing / PRS
Normandy Woods
US - Houston, TX
Multi-housing / PRS
$94.3 Million Performing Loan Portfolio
US - Houston, TX
Multi-housing / PRS
Aria at Rollingbrook
US - Baytown, TX
Multi-housing / PRS
Lansbourough
US - Houston, TX
Multi-housing / PRS
Crystal Bay & Savoy Manor
US - Webster, TX
Multi-housing / PRS
The Whitley Apartments
US - Austin, TX
Multi-housing / PRS
The ARTISAN COLLECTION
US - Des Moines, IA
Multi-housing / PRS
Life at Emerald Oaks
US - Hitchcock, TX