Park Place & Caman Townhomes

Park Place & Caman Townhomes

Elk city, OK
Available
  • Property Type: Apartments
  • Year Built : 1985
  • Property Size: 97,500 SF / 106 Units

Overview

Capstone Apartment Partners is pleased to present Park Place & Caman Townhomes: a 1985 vintage, 106-unit portfolio in Elk City, Oklahoma. Both properties are located within one mile of Historic Route 66, one of Elk City’s main thoroughfares and retail corridors. Great Plains Regional Medical Center, one of Elk City’s primary employers, is less than 5 minutes away from both properties and provides substantial employment to the area. The portfolio offers well-designed floorplans, with 96% 2-bedroom and 3-bedroom units. With an attractive unit mix and multiple avenues to drive NOI growth, new ownership can focus on stabilizing the property, pushing rents, and implementing a professional third-party management team to solidify Park Place & Caman Townhomes as a market leader in rental rates within the Elk City apartment market.

Investment Highlights

Favorable Unit Mix

Value-Add Opportunity

Primed to Capture Oil Market Growth

Third-Party Management 

Contact Information

David Dirkschneider Managing Director P: 405.514.0340
O: 800.746.3175 ext. 744
davidd@capstone-companies.com
William Forrest Managing Director P: 405.210.3298
O: 800.746.3175 ext. 746
wforrest@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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