Westside Park
Just Listed! | 32 Units | Major Lease-Up Opportunity in Atoka, OK
Marketing description
The Multifamily Group is pleased to present the exclusive offering of Westside Park, a unique opportu-
nity in Atoka, Oklahoma. Constructed in 1980, the property consists of 32 units averaging 834 square
feet. The property features one- and two-bedroom floor plans, with 84% of units (27 total) having
two-bedrooms. It is currently 53% occupied, compared to a strong submarket occupancy rate of 97%.
Westside Park is being offered free and clear of existing debt.
Location:
Located in Atoka, Oklahoma, Westside Park Apartments offers a quiet, community-oriented setting
with convenient access to key thoroughfares, making travel throughout Atoka and surrounding areas
seamless. The property benefits from solid visibility along local traffic corridors and is positioned near
a variety of essential retailers including Dollar General, Family Dollar, and local dining options. Resi-
dents are also within close proximity to larger shopping destinations such as Walmart Supercenter and
additional services along Highway-69/75.
Investment highlights
- 27 of 32 are 2-Bedroom Units
- Opportunity to Lease-Up the Property
- Leasing Office Can Be Converted Back to a Rentable
2-Bedroom Unit
- Washer & Dryer Connections in Every Unit
- Double-Digit Cash-on-Cash Returns by End of Year One
- Strategically Located Just Off Highway-7 and Highway-75
- Within Commuting Distance of Durant, Oklahoma
- Offered Free and Clear of Existing Debt
Listing Contacts
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