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$11,000,000
Est. payment /mo
182,948 SqFt
UPDATED:
12/09/2024 03:35 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Pending
Purchase Type For Sale
Square Footage 182,948 sqft
Price per Sqft $60
MLS Listing ID 1134359
Year Built 1976
Property Description
Introducing Bethany Square Apartments, a commercial property with significant potential located in the heart of Bethany, Oklahoma. Built in 1974, this apartment community encompasses 10 acres and features 217 units, including a diverse mix of studios, one-bedroom, two-bedroom, and three-bedroom layouts, totaling 184,800 square feet. Situated about 10 miles west of downtown Oklahoma City, Bethany maintains a suburban feel while being close to urban amenities. The city has a population of approximately 21,000 and is part of the larger Oklahoma City metro area, which has over 1.2 million residents. Public transportation is accessible, with bus stops located nearby. Currently, the property is in considerable disrepair. With a current occupancy of about 50%, Bethany Square Apartments offers a potential project for investors looking to undertake substantial renovations to improve the property. This is a chance to invest in a property that could benefit from thoughtful improvements while contributing to the local community. Sale is contingent upon bank approval for short sale. No. CJ-2024-687. Listing agent attempting to verify extent of recent fire damage with bids/ addtional photographs
Location
State OK
County Oklahoma
Zoning Commercial
Exterior
Private Pool Yes
Building
Story 2.0000
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Listed by Cody Hash • Nine North Real Estate
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