Avendale Pointe

Avendale Pointe

Lawton, OK
Available
  • Property Type: Apartments
  • Year Built : 1982
  • Property Size: 237,744 SF / 272 Units

Overview

Capstone Apartment Partners is pleased to present Avendale Pointe: a 272-unit garden-style apartment community located in Lawton, Oklahoma. Built in 1982, Avendale Pointe represents an ideal value-add opportunity with an excellent foundation for new ownership to utilize and take the property to the next level. Avendale Pointe offers tremendous access to employment and retail hubs in Lawton, Oklahoma given its proximity to Interstate 44. Lawton’s strong market fundamentals, coupled with a value-add platform, will allow new ownership to focus on increasing NOI through the implementation of targeted interior renovations. Additionally, Avendale Pointe's non-revenue units can be reduced from six to four.

Investment Highlights

  • Ideal Value Add Opportunity
  • Rents Below Market Competitors
  • Market Fundamentals
  • 272 Units Provides Operational Efficiencies

Contact Information

William Forrest Managing Director P: 405.210.3298
O: 800.746.3175 ext. 746
wforrest@capstone-companies.com
David Dirkschneider Managing Director P: 405.514.0340
O: 800.746.3175 ext. 744
davidd@capstone-companies.com
Mike Marrara Director P: 918.230.3875
O: 800.746.3175 ext. 745
mmarrara@capstone-companies.com
Chris O'Hare Investment Sales Advisor P: 918.812.9681
O: 800.746.3175 ext. 713
cohare@capstone-companies.com
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