For Sale
Call for price

103 Blue Jay BlvdGeronimo, OK 73543

70 Units, 97% Occupancy, Great ROI

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity comprises a 70-unit Class B multifamily portfolio in Comanche County, Oklahoma, boasting a remarkable 97% occupancy rate. The portfolio consists of two distinct properties: Geronimo Winds Apartments, a 44-unit duplex development built in 2009, and Kensington Rental Estates, a 26-unit duplex development constructed in 2013. Both properties are strategically located near I-44, providing convenient access to Fort Sill military base (approximately a 10-minute drive) and the PepsiCo manufacturing plant (employing roughly 1,400 people). Geronimo Winds offers a mix of one, two, and three-bedroom units averaging 1,044 square feet, featuring amenities such as an outdoor pool and clubhouse. Kensington Estates features two and three-bedroom units averaging 1,390 square feet, with fenced backyards and a quiet cul-de-sac setting. Both properties present a value-add opportunity through potential rent increases. The portfolio benefits from proximity to recreational areas like the Wichita Mountain National Wildlife Refuge and is within a 90-minute drive of Will Rogers International Airport and 15 minutes from Lawton Fort Sill Airport. This portfolio offers a compelling investment opportunity with strong cash flow potential and significant upside. The properties are situated at 103 Bluejay Blvd, Geronimo, OK 73543 and 1205 Kensington Ln, Elgin, OK 73538.

Highlights

  • 70-unit Class B multifamily portfolio in Comanche County, OK with 97% occupancy.
  • Portfolio includes Geronimo Winds (44 units, built 2009) and Kensington Estates (26 units, built 2013).
  • Geronimo Winds features a mix of one, two, and three-bedroom units averaging 1,044 sq ft, with an outdoor pool and clubhouse.
  • Kensington Estates offers two and three-bedroom units averaging 1,390 sq ft, with fenced backyards.
  • Both properties offer value-add potential through rent increases and are minutes from Fort Sill.
  • Properties are near the PepsiCo distribution center and Wichita Mountain National Wildlife Refuge.

Property Details for 103 Blue Jay Blvd

Property type
Apartment buildings
Class
B
Buildings
35
Units
70

Location Insight

City
Geronimo
County
Comanche
State
Oklahoma
Latitude
34.488402163685
Longitude
-98.399067380358
103 Blue Jay Blvd, Geronimo, Oklahoma

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
103 Blue Jay Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message