Multifamily
Summit Ridge
6921 W Gore Blvd, Lawton, OK 73505
Listing Price: Request For Offer
Investment Overview
Summit Ridge is a property located in Lawton, Oklahoma, which presents various value-add opportunities such as continuing the unit upgrade program, adding covered parking, implementing a technology package, and more, all of which could generate additional income. The property is located near major highways, top-quality healthcare facilities, and Lawton Ft. Sill Regional Airport, offering easy access to the surrounding areas. Additionally, the recent approval of a cobalt refinery and the expansion plans of the nearby Good Year Tire and Rubber Plant are expected to create thousands of jobs, making Summit Ridge a prime investment opportunity in a thriving location.
Summit Ridge
Investment Highlights
- Continue Unit Upgrade Program to Garner a Significant Monthly Rent Premium
- Implement Covered Parking for a Fee to Add a Valued Amenity and Boost Revenue
- Implement Technology Package in All Units to Garner Significant Additional Income and Competitive Advantage
- Purchase Additional Washer/Dryer Appliances & Rent to Tenants to Continue to Generate Additional Income
- Expense Reduction through Water Conservation Program, Significant 25 Percent Annual Cost Savings
- Attractive New Financing with Multiple Years of Interest-Only Term
Listing Price: Request For Offer
Investment Highlights
- Continue Unit Upgrade Program to Garner a Significant Monthly Rent Premium
- Implement Covered Parking for a Fee to Add a Valued Amenity and Boost Revenue
- Implement Technology Package in All Units to Garner Significant Additional Income and Competitive Advantage
- Purchase Additional Washer/Dryer Appliances & Rent to Tenants to Continue to Generate Additional Income
- Expense Reduction through Water Conservation Program, Significant 25 Percent Annual Cost Savings
- Attractive New Financing with Multiple Years of Interest-Only Term
Investment Overview
Summit Ridge is a property located in Lawton, Oklahoma, which presents various value-add opportunities such as continuing the unit upgrade program, adding covered parking, implementing a technology package, and more, all of which could generate additional income. The property is located near major highways, top-quality healthcare facilities, and Lawton Ft. Sill Regional Airport, offering easy access to the surrounding areas. Additionally, the recent approval of a cobalt refinery and the expansion plans of the nearby Good Year Tire and Rubber Plant are expected to create thousands of jobs, making Summit Ridge a prime investment opportunity in a thriving location.
