Yukon on 15th

11501 Southwest 15th Street Yukon, OK 73099

11501 Southwest 15th Street, Yukon, OK, 73099
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
Please Call Broker for Price

Last Verified:
Jul 02, 2024

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Description

Yukon on 15th offers residents convenient access to major retail, recreation, and restaurants. Proximity to principal highways enables short commute times throughout the Oklahoma City metro area, with drive times into Downtown Oklahoma City averaging slightly over 15 minutes. With nearly $560,000 invested by current ownership in unit and community amenities, the subject property is stabilized, well-maintained with a strong reputation, and enjoys a loyal tenant base.

MARKET-PROVEN VALUE-ADD
Monthly market rent deltas with submarket comparable communities average over $195 per unit. Located less than four miles south of the subject property, Pebble Creek averages per-unit monthly market rent deltas exceeding $330.

STRONG FUNDAMENTALS
Standing at 3.88% for the period ranging from July 1, 2022 to July 1, 2023, Canadian County’s population growth is more than quadruple the state average (Census.gov). Year-over-year asking rent growth stands at 5.2% (CoStar), and over 38% of housing units within a one-mile radius of Yukon on 15th are renter-occupied (ESRI).

DESIRABLE AMENITIES
In addition to spacious, well-appointed floor plans, residents enjoy a community swimming pool, 24-hour fitness center, business center, pet park, and a variety of outdoor recreational facilities, fostering a strong sense of community.

HIGHLY RATED SCHOOLS
Children residing at Yukon on 15th attend Mustang Public Schools, ranked A- to A by Niche for academics, college prep, clubs and activities, and diversity. All assigned schools are five miles or less from the subject property.

Yukon on 15th


Year Built: 2004
Building Size: 185424sq ft
Lot Size: 0 acres

Map of 11501 Southwest 15th Street, Yukon, OK, 73099

Presented by:
Newmark

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Tim McKay


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
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