Listed by NAI RED Commercial Real Estate, NAI Red
$7,200,000
Baycrest Apartments
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 49,867
Units 72
NOI $463,102
Occupancy 95.8%
Class C
Stories 2
Acreage 7.840
Baycrest Apartments For Sale
Marketing description
Baycrest Apartments for Sale
Investment highlights
- 72 Garden/Low Rise Units
- (32) 1 Bed/1 Bath
- (40) 2 Bed/2 Bath
- 95.8% Occupancy
- NOI: $463,101.61
- High-quality construction with modern amenities
- Strong market fundamentals and demand for rental housing
- Stable cash flow with strong rental history
- Landlord Friendly Market
- Located in Grove, OK, a growing market
- Close Proximity to Grand Lake O’ the Cherokees
- Easy Access to Major Highways and Local Businesses
- Offering Memorandum Available Upon Request
Listing Contacts
Listed by NAI RED Commercial Real Estate, NAI Red
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$463,101.61
$38,591.80/mo
Valuation Metrics
0
DSCR
6.43%
Cap Rate
6.43%
ROI
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