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Capstone is pleased to present Timbers North Apartments: a 100-unit garden-style apartment community located in Ponca City, Oklahoma. Built in 1970, Timbers North Apartments represents an ideal opportunity for new ownership to benefit from operational upside, leverage the largest average unit size in the market to push rents, and capitalize on great strategic location. Timbers North Apartments offers tremendous access to employment opportunities and to Ponca City’s major thoroughfare, Highway 77. Ponca City’s emerging market fundamentals, coupled with a light value-add program, will allow new ownership to focus on increasing NOI through the implementation of targeted light interior renovations.
Investment Highlights:
Upside in Professional Third-Party Management
Quality Business Development and Education Opportunities
Strategic Location
Superior Unit Size & Light Value-Add