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Capstone is pleased to present Sunridge Estates: a 135-unit BTR community in Enid, Oklahoma. Sunridge Estates beat the mass migration to the build-to-rent product type having been built between 1983-2012. Sunridge Estates offers investors significant financial upside in rental rate increases via updating units as well as taking advantage of operational efficiencies and assumable financing with potential seller carry. Lastly, the economic development in Enid bodes well for new ownership to enjoy a business-friendly environment and steady rental demand throughout ownership.
Investment Highlights:
Highly Desirable 1990s BTR Construction
Significant Financial Upside
Economic Development in Enid