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Description
Capstone is pleased to present Stonebrook, a 360-unit, 1984 vintage property in Oklahoma City, OK. Stonebrook offers new ownership a proven value-add opportunity within a stone’s throw of Lake Hefner, one of OKC’s most exciting areas. Current ownership has begun renovations, demonstrating the model’s effectiveness and seeing rental rate increases and quick lease-up of renovated units. Current ownership has also significantly increased EGI over the last year by implementing other income strategies that can be further leveraged to grow revenue. Lastly, Stonebrook’s location within the submarket is extremely rare and sought after, being situated on the OKC trail system created by the MAPS program. Stonebrook is also supported by its proximity to various of the OKC metro’s largest employment and economic hubs.
Investment Highlights:
Proven Value-Add Initiative
T-12 EGI Growth and Further Upside
Prime Location within the Submarket
Address
Open on Google Maps- Address 9301 N MacArthur Blvd
- City Oklahoma city
- State/county Oklahoma
- Zip/Postal Code 73132
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