$11,000,000

Introducing Bethany Square Apartments, a commercial property with significant potential located in the heart of Bethany, Oklahoma. Built in 1974, this apartment community encompasses 10 acres and features 217 units, including a diverse mix of studios, one-bedroom, two-bedroom, and three-bedroom layouts, totaling 184,800 square feet. Situated about 10 miles west of downtown Oklahoma City, Bethany maintains a suburban feel while being close to urban amenities. The city has a population of approximately 21,000 and is part of the larger Oklahoma City metro area, which has over 1.2 million residents. Public transportation is accessible, with bus stops located nearby. Currently, the property is in considerable disrepair. With a current occupancy of about 50%, Bethany Square Apartments offers a potential project for investors looking to undertake substantial renovations to improve the property. This is a chance to invest in a property that could benefit from thoughtful improvements while contributing to the local community. Sale is contingent upon bank approval for short sale. No. CJ-2024-687. Listing agent attempting to verify extent of recent fire damage with bids/ addtional photographs