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Multifamily HUD

Buena Vista Apartments

1901 College Blvd, Alva, OK 73717

Listing Price: Request For Offer

Number of Units
51
Occupancy
90.0%
Gross SF
34,312

Investment Overview

Marcus & Millichap is pleased to announce the listing of Buena Vista Apartments which is in Alva, Oklahoma. In a small but stable market, the property has 51 rentable units which consist of (18) studios, (21) 1 bedroom, (10) 2 bedrooms, and (2) 3 bedrooms and that makes it the largest complex in town. A few common area amenities are on the property such as a laundry room, reserved parking, and an onsite office. Owner pays for the gas and water while the tenants pay for their own electric. With this property housing section 8 tenants, it offers strong historical financials and historic occupancy. This property has had steady cash flow throughout the global pandemic from section 8 tenants.

Investment Highlights

  • Strong Historical Occupancy and Good Financials
  • Largest Apartment Complex in Town
  • Stable Small-Town Market
  • Tenants Pay for Their Own Electricity

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s) OK: 181981

    Oklahoma

Multifamily HUD

Buena Vista Apartments

Listing Price: Request For Offer

Number of Units
51
Occupancy
90.0%
Gross SF
34,312

Investment Highlights

  • Strong Historical Occupancy and Good Financials
  • Largest Apartment Complex in Town
  • Stable Small-Town Market
  • Tenants Pay for Their Own Electricity

Investment Overview

Marcus & Millichap is pleased to announce the listing of Buena Vista Apartments which is in Alva, Oklahoma. In a small but stable market, the property has 51 rentable units which consist of (18) studios, (21) 1 bedroom, (10) 2 bedrooms, and (2) 3 bedrooms and that makes it the largest complex in town. A few common area amenities are on the property such as a laundry room, reserved parking, and an onsite office. Owner pays for the gas and water while the tenants pay for their own electric. With this property housing section 8 tenants, it offers strong historical financials and historic occupancy. This property has had steady cash flow throughout the global pandemic from section 8 tenants.

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s): OK: 181981

    Oklahoma

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