Jaime's Landing is a 136-unit garden-style apartment complex located in Northwest Oklahoma City. Jaime's underwent a landscape upgrade in 2009 with new roofs added in 2008 and complete asphalt overlay in 2009. The property also offers a classroom with computers and internet access. The property has enjoyed a historically high occupancy of well over 95% resulting in strong operating fundamentals for the property. Additionally, the property offers investors some upside potential with rents being below market.

Location Description:

Jaime's Landing is located in the heart of Northwest Oklahoma City, with 2.5 million square feet of retail within a one mile radius, and enjoys a nice mix of residential and commercial properties in the surrounding area. The property is just blocks away from Penn Square Mall, the largest enclosed shopping mall in Oklahoma City, as well as numerous restaurants, shopping centers and office buildings located along Northwest Expressway.

In addition to being near numerous retail employers, Jamies Landing is located near numerous corporations including Integris Medical Center and Chesapeake Energy. The property enjoys immediate access to Interstate 44 allowing for residents to have quick passage to all areas of Oklahoma City.

Highlights:

>> 136 Units Located in the Northwest Oklahoma City Submarket

>> Consistent Occupancy Well Over 95%

>> Located Within One Mile of 2.5 Million Square Feet of High End Retail Space

>> Property Has Been Very Well Maintained

>> Every First Floor Unit Completed Renovated in July 2013

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Units are individually metered with tenants paying for their own utilities. Hot water is generated by two 80 gallon gas-fired central water heaters. Electrical service provides 100 amps per unit.