Country Club View

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Address: 4635 W Gore Blvd, Lawton, OK 73505, USA
Texas + Apartment Buildings
Created date: January 6, 2026
Date last updated: April 28, 2026
  • $4.4MM+ in Value Enhancement through Reducing Op Ex and Burning Off Loss-to-Lease
  • ~$3.5MM Invested in Capital Expenditures by the Current Ownership
  • Nearly Half of the Roofs are Less than Five Years Old
  • 96% Occupied
  • Diverse Unit Mix with 15 Options up to 3/2.5 and 1,495 SF
  • Great Visibility on Gore Blvd (15,800+ VPD)
  • Double-Digit Cash-on-Cash by the End of Year 1
  • Amenity Rich with Two Swimming Pools, a Fitness Center, Two Laundry Facilities, a Clubhouse, and a Pet Area
  • Offered Free and Clear of Existing Debt

Property Description

Summary: The Multifamily Group is pleased to present the exclusive offering of Country Club View, a unique, stabilized, low-basis opportunity with significant upside in Lawton, Oklahoma. Constructed in 1966, the property consists of 229 units averaging 832 square feet. The property offers efficiencies to three-bedroom and two-and-a-half bathroom floor plans. The property is currently 96% occupied, matching the strong occupancy rates in the submarket at 95% (Yardi). Country Club View is being offered free and clear of existing debt. Capital Expenditures: The current owners have invested approximately $3.5MM into the asset:
  • Capital improvements include roof replacements, window upgrades, interior and exterior painting, paving, plumbing repairs, brick replacement, and significant structural work, including complete pier-and-beam replacements and floor joists. The majority of the investment was allocated toward comprehensive interior renovations. These upgrades included new flooring, updated appliances, modern windows, fresh paint, and upgraded finishes. (A full capex list is available upon request.)
Value-Add:
  • Reduce operating expenses by $138,000 annually through lower insurance costs, payroll efficiencies, and reduced R&M
  • Burn off loss-to-lease, currently 7% or approximately $190,000 per year
  • Potential combined NOI increase of ~$330,000, equating to approximately $4.4 million in value at a 7.5% exit cap rate
Location: Country Club View Apartments is ideally located in the highly desirable West Lawton submarket, adjacent to the prestigious Lawton Country Club and less than half a mile from Eisenhower High School. The Lawton economy is anchored by Fort Sill, the region’s largest employer, with an annual economic impact of approximately $1.9 billion. Ongoing military-driven investment is fueling growth, including the redevelopment of a former mall into FISTA, the Fires Innovation Science and Technology Accelerator, designed to attract defense contractors and high-tech startups collaborating with the military. Continued momentum in the manufacturing sector is expected, highlighted by Firehawk Aerospace’s recent announcement of a new $22 million facility in Lawton that will create over 100 new jobs in the area.
Under Contract

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Broker Details

Jonathan Krebbs
Jonathan Krebbs

The Multifamily Group 972-379-9843 MLS ID: 0635789 State License Number: 0635789

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Key Property Information

Listing Status: Under Contract
Listing Type: Auction
Property Types: Apartment Buildings
No. of Units: 229
Average Occupancy: 96
Year Built: 1966
Building Size: 190,568 Sq ft
Lot Size: 4.63 Acres
No. of Stories: 2
Opportunity Zone: No
Address: 4635 W Gore Blvd, Lawton, OK 73505, USA

Additional contacts

Full name Phone number Email address
Yonnic Land 972.983.9051 [email protected]

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