The Boulevard

Description:

The Boulevard represents an exceptional opportunity to acquire a well-maintained stabilized asset in Edmond, Oklahoma. Featuring 59 units, the subject property offers a prime location in one of Oklahoma City metro’s highest-performing submarkets.

ADVANTAGEOUS LOCATION
Situated in desirable North Edmond, The Boulevard offers easy access to Interstate 235, Interstate 35, and the Kilpatrick Turnpike for convenient commuting throughout the metro area. Residents also enjoy close proximity to community parks, upscale retail, and local eateries.

WELL-MAINTAINED ASSET
Originally built in 1966 and renovated in 2017, The Boulevard stands as a testament to quality upkeep and strong management – evidenced by its consistently high occupancy rates. The property features a range of desirable amenities, including a swimming pool, a pergola with outdoor seating and grill area, and an on-site laundry center.

VALUE-ADD POTENTIAL
Well located in a desirable location, The Boulevard offers investors an opportunity to upgrade a portion of the units. A structured infusion of capital into these units would allow new ownership to raise rates and increase revenues.

PRIME LOCATION WITH TOP-TIER SCHOOL ACCESS
The Boulevard boasts a convenient location with short commute times to key destinations throughout Edmond, including downtown and the University of Central Oklahoma. Additionally, the property is zoned to Edmond Memorial High School – ranked the No. 5 High School in Oklahoma by U.S. News & World Report in 2024 – making it an attractive option for families seeking quality education.

The Boulevard