2500 Thomas Drive

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Address: 2500 Thomas Dr, Edmond, OK 73003, USA
Created date: June 11, 2024
Date last updated: July 8, 2024

Property Description

Edmond at Twenty500 represents an exceptional opportunity to acquire a well maintained stabilized community in Edmond, Oklahoma. Built in 2004, the subject property offers spacious living options, a robust amenity package, and a prime location with significant barriers to entry in one of Oklahoma City’s highest-performing submarkets. Current ownership have invested over $481,000 in capital improvements for building exteriors, leasing center improvements, and common area amenities. DESIRABLE LOCATION Situated in desirable North Edmond, Edmond at Twenty500 offers easy access to Interstate 235, Interstate 35, and the Kilpatrick Turnpike for convenient commuting throughout the metro area. Residents also enjoy proximity to community parks, upscale retail, and local eateries. MARKET-PROVEN VALUE-ADD Monthly market rent deltas with submarket comparable communities average nearly $240 per unit. Located less than two miles west of the subject property, 1201 @ Covell Village averages per unit monthly market rent deltas exceeding $440. SPACIOUS FLOOR PLANS Edmond at Twenty500 boasts a range of comfortable one- to four-bedroom floor plans, ideal for singles, families, and students. Unit sizes range from 673 to 1285 square feet, providing options for a broad-based renter demographic. WELL-AMENITIZED Edmond at Twenty500 features a comprehensive amenity package designed to enhance the resident lifestyle. Highlights include a sparkling community pool, a 24-hour fitness center, a dog park, covered grilling and picnic pavilions, and a children’s playground with a sports court. Part of the Oklahoma City Class A Value-Add Portfolio - Edmond at Twenty500, Tinker on Forty8, and Yukon on 15th. Available as a Portfolio, Individually, or in any Combination

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 160
Year Built: 2004
Opportunity Zone: No
Property Website Click Here
Address: 2500 Thomas Drive, Edmond, OK 73003, USA
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