Raintree Meadows

Description:

PROVEN VALUE-ADD IN EXCEPTIONAL LOCATION
Raintree Meadows benefits from an exceptional location in Midwest City, just minutes from
downtown Oklahoma City and some of the region’s largest employment centers. The property is adjacent to Rose State College, which serves more than 13,000 students annually, and approximately one mile from Tinker Air Force Base, Oklahoma’s largest single-site employer. Tinker supports more than 26,000 military and civilian personnel and generates an annual payroll exceeding $1.8 billion, providing a significant and stable source of housing demand. Residents also benefit from convenient access to Interstate 40, located less than one mile from the property, allowing for a commute of approximately 15 minutes to downtown Oklahoma City. The surrounding area offers an abundance of national retailers, dining destinations, major employers, and recreational amenities, further enhancing the property’s accessibility, convenience, and long-term appeal.

Raintree Meadows presents a compelling, market-supported value-add opportunity with the
potential for a full repositioning toward Class A product. Midtown Flats, a newly constructed
community completed in 2023 and located just two miles east of the property, achieves
average monthly rents more than $350 per unit above Raintree Meadows, demonstrating the market’s willingness to pay a premium for upgraded product. Through a strategic renovation program focused on interior unit upgrades and operational efficiencies, new ownership has the opportunity to significantly increase rental revenue and enhance overall asset value.

STRONG MARKET FUNDAMENTALS
Midwest City is a growing community located just east of downtown Oklahoma City and
serves as a key hub for the metro’s rapidly expanding aerospace and defense industry. Over
the past five years, the number of aerospace companies in the region has increased by 23%,
while aerospace employment has grown by 18%. The Oklahoma City metro posted a 3.6%
unemployment rate in April 2026, ranking among the lowest unemployment rates of any major U.S. metropolitan area.

ACCESS TO MAJOR EMPLOYER CENTERS
Strategically positioned along Interstate 40 and adjacent to Tinker Air Force Base and the
Oklahoma City Air Logistics Complex, Midwest City benefits from proximity to some of the
region’s largest employers, including Boeing, Pratt & Whitney, SSM Health St. Anthony, and
Rose State College. Home to approximately 60,000 residents, Midwest City is the eighth largest city in Oklahoma and continues to benefit from strong economic fundamentals and
employment growth. Multifamily market fundamentals remain favorable, with Yardi Matrix
forecasting approximately 3% rent growth over the next year while occupancy is expected to
remain above 90%.

Raintree Meadows

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