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Description

Capstone is pleased to present the North Park Apartments, an 80-unit garden-style apartment complex in Durant, OK. Built in 1975, North Park is a stabilized asset boasting cash flow day one to new ownership. Additionally, North Park is primed to benefit from various new developments and employment centers in the nearby area such as the Hard Rock Casino development, The Choctaw Casino and Resort, and the Choctaw Nation Headquarters. Lastly, Durant is part of the rapidly expanding Dallas-Fort Worth Combined Statistical Area (CSA) which is experiencing record growth along highway 75.

Investment Highlights:

  • Stabilized Asset with Cash Flow from Day 1 with Value-Add Upside
  • Proximity to New Development and Nearby Attractions
  • Strong Market Fundamentals
  • Address 2200 W University Blvd
  • City Durant
  • State/county Oklahoma
  • Zip/Postal Code 74701

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