11501 Southwest 15th Street

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Address: 11501 SW 15th St, Yukon, OK 73099, USA
Created date: June 11, 2024
Date last updated: July 8, 2024

Property Description

Yukon on 15th offers residents convenient access to major retail, recreation, and restaurants. Proximity to principal highways enables short commute times throughout the Oklahoma City metro area, with drive times into Downtown Oklahoma City averaging slightly over 15 minutes. With nearly $560,000 invested by current ownership in unit and community amenities, the subject property is stabilized, well-maintained with a strong reputation, and enjoys a loyal tenant base. MARKET-PROVEN VALUE-ADD Monthly market rent deltas with submarket comparable communities average over $195 per unit. Located less than four miles south of the subject property, Pebble Creek averages per-unit monthly market rent deltas exceeding $330. STRONG FUNDAMENTALS Standing at 3.88% for the period ranging from July 1, 2022 to July 1, 2023, Canadian County’s population growth is more than quadruple the state average (Census.gov). Year-over-year asking rent growth stands at 5.2% (CoStar), and over 38% of housing units within a one-mile radius of Yukon on 15th are renter-occupied (ESRI). DESIRABLE AMENITIES In addition to spacious, well-appointed floor plans, residents enjoy a community swimming pool, 24-hour fitness center, business center, pet park, and a variety of outdoor recreational facilities, fostering a strong sense of community. HIGHLY RATED SCHOOLS Children residing at Yukon on 15th attend Mustang Public Schools, ranked A- to A by Niche for academics, college prep, clubs and activities, and diversity. All assigned schools are five miles or less from the subject property.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 200
Year Built: 2004
Opportunity Zone: No
Property Website Click Here
Address: 11501 Southwest 15th Street, Yukon, OK 73099, USA
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