1807 North Hartford Street, Stillwater, OK 74075
INVESTMENT FEATURES
- INVESTMENT SALE: $7,400,000
- Chapel Ridge I & II is a 152-unit multifamily community providing a unique mix of LIHTC and market rate apartment units and single-family homes
- 128 apartment units
- 24 single-family homes
- The investment includes 38 two-story buildings totaling 149,259 RSF and is situated on a 10.92 AC lot
- Community amenities:
- Playground
- Fitness center
- Swimming pool
- On-site laundry facility
- On-site maintenance and leasing office
- Clubhouse
- Unit amenities:
- Full appliance package
- Washer/dryer connections
- Extra storage
- Patio/balcony
- Walk-in closets
- LIHTC property with excellent connectivity to shopping, dining, entertainment, and just 1.5 miles from Oklahoma State University
- Stillwater has economic clusters in aerospace, agribusiness, biotechnology, printing and publishing, software, and standard manufacturing
- Very attractive assumable debt with a 3.17% interest rate and 35-year amortization schedule
- Contact Tom Bradley at tom.bradley@energyreco.com or (303) 880-0108
