Negotiable / Variable
Northmarq is seeking a buyer for a +/- 18.2-acre multifamily Build-To Rent Development site. Our programming for the site includes 182 two- and three-bedroom units at 1,100 and 1,325 square feet. The build-to-rent site is a piece of a larger parcel totaling 39.21 Acres, that is in the process of being developed into Senior Living with a commercial component. The Property is just a few minutes from the center of downtown Ardmore, which has many shops and restaurants for residents to enjoy. It’s also only a couple minutes away from I-35 , allowing easy travel to Oklahoma City, only 100 miles north, as well as Dallas, Texas which is only 111 miles away.
The +/-18.2 acre Build-To-Rent Development Site is a part of a +/-39.2 Acre mixed use development. The plan includes four components other than BTR in the development. There is going to be a Nursing and Rehabilitation Center, an Assisted Living Facility, an Independent Living Facility, and a Day Care. The BTR component of this development will be a fantastic addition allowing families to live nearby to their elder relatives, while also having access to daycare for their children while they are at work.