100 Georgia Pl
- 87 units across five established communities — acquire at scale in a single transaction
- 93% occupied (81 of 87) with six units available to lease for immediate upside
- $337,588+ recently reinvested, including new roofs on three of five properties
- Below-market in-place rents — market rents supported by the portfolio's own 2025–2026 signed leases
- Each property individually deeded — flexible exit; sell the whole or pick off assets via partial release
- Stable eastern-Oklahoma market anchored by Eastern Oklahoma Medical Center, the Choctaw Nation, Walmart, and Carl Albert State College
- ~35 minutes from Fort Smith, AR via U.S. 59/271; limited competing new supply
- Clean, operations-driven value-add: renew to market, lease the vacancy, run at stabilized expenses
Property Description
Harmon Real Estate Company is pleased to present the Poteau Apartments Portfolio — 87 units across five established apartment communities in Poteau, Oklahoma, offered together or individually. The portfolio totals 64,491 rentable square feet and is 93% occupied, with current ownership having reinvested more than $337,000 in capital improvements across the assets — including new roofs on three of the five properties — substantially reducing a buyer's near-term capital needs. With in-place rents sitting below market and six units available to lease, the offering presents a clear, executable value-add path: bring legacy rents to market on renewal, lease the remaining vacancy, and operate at stabilized expense levels. Each property is individually deeded, giving a buyer the flexibility to acquire the full portfolio at scale or build a position one asset at a time. This is a rare opportunity to acquire meaningful scale in a tightly-held, high-occupancy eastern-Oklahoma market in a single transaction.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $5,085,000 |
| No. of Units: | 87 |
| Year Built: | 1973 |
| Lot Size: | 0.57 Acres |
| Opportunity Zone: | No |
| Price per unit: | $58,448 |
| Property Website | Click Here |
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