Aspen Walk

Aspen Walk

Oklahoma city, OK
Available
  • Property Type: Apartments
  • Year Built : 1974
  • Property Size: 126,590 SF / 146 Units

Overview

Capstone Companies is pleased to present Aspen Walk: a 1970’s vintage, 146-unit, garden-style apartment community in Oklahoma City. Aspen Walk boasts untapped potential for investors actively seeking tried-and-true value-add opportunities. This potential is further reinforced by Oklahoma City’s rapidly expanding economy. Conveniently located nearby I-240 & I-35, as well as its ideal placement relative to Tinker Air Force Base and all major Oklahoma City employers, Aspen Walk represents an exciting opportunity to purchase a high-quality asset with minimal deferred maintenance. These benefits will inevitably result in new ownership’s focus on pushing rents and driving NOI growth through a market-proven value-add initiative. The property’s current owner has invested heavily into capital expenditures, allowing for minimal near-term expense. Best-in-class amenities supplemented by a strong value-add program and a wonderful location will result in a consistent workforce tenant base. Simply put, Aspen Walk offers an attractive opportunity for both new entrants and the seasoned investor to take full advantage of this classic value-add asset within the Oklahoma City marketplace.

Investment Highlights

  • TURN-KEY OPPORTUNITY WITH MINIMAL DEFERRED MAINTENANCE
  • STABLE ASSET WITH MONTH-TO-MONTH INCOME GROWTH (SEPTEMBER ENDING WITH HIGHEST TO DATE TOTAL NET RENTAL INCOME OF $105,015)
  • IDEAL VALUE-ADD PROGRAM
  • PROXIMITY TO LARGE EMPLOYERS

Contact Information

David Dirkschneider Managing Director P: 405.514.0340
O: 800.746.3175 ext. 744
davidd@capstone-companies.com
William Forrest Managing Director P: 405.210.3298
O: 800.746.3175 ext. 746
wforrest@capstone-companies.com
Mike Marrara Director P: 918.230.3875
O: 800.746.3175 ext. 745
mmarrara@capstone-companies.com
Chris O'Hare Investment Sales Advisor P: 918.812.9681
O: 800.746.3175 ext. 713
cohare@capstone-companies.com
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