NOT LISTED FOR SALE

2424 N Nottingham Way Moore, OK 73160

Regency Park Neighborhood
-- Bed
-- Bath
16,052 Sq Ft
1.95 Acres

Last Sold July 03, 2017

Last sale price $2,575,000 $160 Per Sq Ft

Highlights

  • 1.95 Acre Lot
  • Colonial Architecture
  • Central Heating and Cooling System
  • Southmoore High School Rated A-

About This Home

As of July 2017

The Continential Apartments is an 80 Unit Complex, brick on frame with pitched, composite roof. Built in '75. Class C Prop in a Class B Neighborhood. 40 - 1B 1B Units and 40 - 2B 1B Units. Floor plans are large. Current Owner has owned this Complex for about 9 years. Property has been well maintained, and interiors are updated and rehab'd as they turn over. Many Units have new carpet, tile and fixtures. Parking is good, Roof is 6 yrs old. This Prop has great Upside as the Rents in over 60% of these Units are 20 to 25% under Market here. Bringing all these Units to Market Rent's could increase the NOI by $ 150,000 in the next 2 yrs?
Owners of the Continental Apts are offering a 10%" Owner carry" at 7.5%, 20 Yr AM, 5 yr Balloon with a Full Price Offer from an Approved Buyer. Thus allowing Buyer to only put Down 10% in most Financial requests

This Complex is located about 1 Mile West of I-35 on W 27th Ave and Nottingham Way in Moore, OK at 2400 N Nottingham Way

Last Agent to Sell the Property

Mike Glazne

Max Value Real Estate LLC Listed on: 09/23/2016

Co-Listed By

Kelly Revis

Max Value Real Estate LLC

Last Buyer's Agent

Non MLS Member

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1973

Lot Details

  • 1.95

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 16,052 Sq Ft Home
  • 2-Story Property

Additional Features

  • 1.95 Acre Lot
  • Central Heating and Cooling System

Property Details

Home Type

Apartment

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Colonial
  • Property Sub Type: Apartment
  • Legal Addition: Regency Park
  • Number1 Br Units: 40
  • Number2 Br Units: 40
  • Property Level: Two
  • Third Party Comments: No
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Total Sq Ft: 16052

Exterior Features

  • Construction: Brick
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking: Asphalt

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas

Lot Info

  • Acres: 1.9500
  • Land Sq Ft: 99756

MLS Schools

  • School District: Moore

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2017 07/03/17 Sold $2,575,000 -16.3% $160 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $3,075,000 -- $192 / Sq Ft
Source: MLSOK

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSOK

MLS Number: 746245

MLSOK