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Memorial Square Gardens
8336 East 120th Place

Bixby, Oklahoma 74008

20-Existing Units and 40 Lots for development


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Package

Memorial Square Gardens 

 

Offering Highlights:

Duplex Development Opportunity w/ 20 Existing Units and 40 Lots

Price includes a commercial parcel of 1.46 acres zoned Shopping Center District (CS) that can be used for a leasing office/clubhouse and/or a few retail storefronts

Unique opportunity to have cash flow during construction of additional duplexes

Over $1 million of value-add potential

Premium Location in one of the metros hottest areas

Across the street from a luxury apartment community built in 2017 with rental rates of $1.50 + per-square-foot

Designs for new construction (pictured above) include 3 bedroom / 2 bathe / 2 car garage units with 1,428 square feet. Open floor plans with 10' ceilings and covered patios.

Median Household Income in Bixby is $80,638

The population of Bixby grew 4.1% between 2016 and 2017 and its median household income grew 5.39%

Potential development of 60 units with all contiguous lots

 

 

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