College Inn & Wood Manor

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Address: 1506 North 7th Avenue &112 Wilson Street, Durant, Oklahoma, US
Created date: June 6, 2024
Date last updated: June 7, 2024
  • Onsite Management

Property Description

SVN OAK Realty Advisors is pleased to present the exclusive offering for the College Inn & Wood Manor in Durant, Oklahoma. This multi-family property consists of 268 units and built in 1978. The apartment complex is considered a value-add investment opportunity due to its potential for improvement and the strong market fundamentals of the area.A key advantage for the College Inn & Wood Manor Apartments is its ideal location in Durant, Oklahoma with close proximity to South Eastern Oklahoma State University. The city is situated in Bryan County, in the southern part of the state. Durant serves as the county seat and is strategically positioned near major transportation routes, including U.S. Highway 69/75, which connects it to the nearby cities of Dallas, Texas, and Oklahoma City.
Durant boasts a variety of demographic and economic factors that contribute to its attractiveness as an investment location. The city has a population of approximately 18,400 residents, making it a relatively small yet vibrant community. The population has experienced steady growth in recent years, providing a solid tenant pool for both Apartments.
Wood Manor & College Inn Apartments offer a fantastic unit mix consisting of spacious 1-3 bedroom units. This variety of unit sizes accommodates different tenant needs and preferences, making the property appealing to a wide range of renters, including students, families, and professionals. Both properties contain onsite management offices and laundry facilities.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $17,500,000
No. of Units: 268
Lot Size: 156,224.00 Sq ft
Opportunity Zone: No
Price per unit: $65,299
Property Website Click Here
Address: 1506 North 7th Avenue &112 Wilson Street, Durant, OK 74701, USA
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