Investment Overview

Marcus & Millichap is pleased to present the listing of South Wood Apartments located in Woodward, Oklahoma. The property consists of one one-bedroom one-bathroom unit and twenty-three two-bedroom one-bathroom units totaling to twenty-four units with ±19,200 rentable square feet. Each unit comes equipped with their own washer dryer hookups. This property has seen historically high occupancy and is in a stable market. The seller has reported brand new roofs in 2021 on all buildings at the property and hard-wired smoke alarm systems. With this value-add property, a new owner can raise rents through implementing a unit upgrade plan and utility bill back program to increase net operating income.