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Hayden’s Landing is an 85 unit apartment community in Moore, Oklahoma. The offering includes the adjacent 2.15 acres of vacant land for an additional 37 units.
This is a great opportunity for an investor with construction experience to create a value add potential of $1,275,000 to $2,180,000. See Page 27 of the Marketing Package for our underwriting projections.
Major capital improvements have been completed at Hayden’s Landing including; all new roofs, new stairwells and landings,
new exterior siding and paint, new windows, new perimeter and patio fencing, resurfaced parking lot, remodel of the laundry center and interior unit upgrades.
The development plans propose the addition of a swimming pool, new leasing facility and fitness center that will make the combined 122-units even more competitive.
The property is just minutes away from I-35, a main artery through Moore with over 100,000 vehicles daily. Recent projects in the commercial, industrial, office
and retail markets have created the spark needed to launch an explosive economic development effort in Moore.
Excellent schools and an exemplary quality of life attract an excellent workforce to this community.
Just some of the new developments include retail centers, large big box retail shopping, office, and restaurants in the Riverwalk development.
Not to mention the Warren Theater is a major destination point for Moore and surrounding communities.
Offering Highlights:
• 85-units with 2.15 acres of additional land
• Value-add potential to build new units and amenities
• Excellent condition with major capital improvements completed in 2010 thru 2012
• One of the best locations in South Oklahoma City
• Within minutes of major retail and employers at 19th Street and I-35
• Pitched Roofs and Individually Metered
• Excellent School District with strong renter demand
• Within minutes of Central Park, to include a new amphitheater for outdoor concerts,
an aquatic center, a farmers market and a 52,000 square foot recreation center, scheduled to open in the fall of 2015.
The park will be near SE 4 and Broadway on 50 acres owned by the City of Moore.
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