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Lender Involved Sale | Summit Apartments

Market Price

2032 Northwest 38th Street, Lawton, OK 73505

Active
Last Updated: 07/01/2025

45,090 sqft

Building Size

2.96 acres

Lot Area

Details:
Building Size:    45,090 sqft
Lot Area:    2.96 acres
Units:    52
Year Built:    1974
Description:

Ri Marketplace Online Auction July 28-30, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2587/lender-involved-sale-summit-apartments?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=multifamily_2587

Colliers is pleased to present The Summit Apartments, a 52-unit vacant value-add opportunity in Lawton, Oklahoma. Built in 1974, this property offers investors a rare chance to acquire a multifamily asset through a lender involved sale, providing an attractive entry point with significant upside potential.

The property is positioned for a seamless turnaround, with much of the demolition work already completed, reducing risk and setting the stage for a smooth and efficient renovation process. Located near Fort Sill, a major economic driver in the region, The Summit Apartments is well-suited to address the growing demand for workforce housing in Lawton, ensuring strong long-term investment potential.


Lamar P. Fisher
Fisher Auction Company Inc.
License:
Internet Auctions Exempt from Licensing

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