- For Sale Contact for pricing
- Property Type Other
- Lot Size 0.81 SF
- Year Built 1979
- Date Updated Jul 4, 2026
Description
Oaklawn Apartments is a 25-unit multifamily community located in Lawton, Oklahoma, offering investors the opportunity to acquire a well-located asset with clear operational and revenue upside. Built in 1979, the property consists primarily of one-bedroom units averaging approximately 646 square feet, catering to workforce housing demand.
Current rents average approximately $548 per unit, significantly below comparable properties in the submarket, supporting a clear path to revenue growth through lease renewals and operational improvements.
Additionally, ownership is currently absorbing most utility expenses, creating an opportunity to enhance net operating income through the implementation of utility recovery and improved expense management.
Oaklawn Apartments represents a straightforward repositioning opportunity in a market supported by military, healthcare, and manufacturing employment, offering investors a clear path to increased cash flow through execution.
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