- Premier Location in a Growing MSA
- Attractive Demographics and MSA Alignment
- Over $150K in Recent Capital Improvements
- Family-Oriented Unit Mix and Amenities
- Low-Basis Entry with Immediate Cash Flow
- Offered Free & Clear of Existing Debt
Premier Location in a Growing MSA
Pleasant Hill Apartments is a standout asset located in Guthrie, Oklahoma, an established, fast-growing community within the Oklahoma City MSA. Offering small-town charm with metropolitan access via I-35, the property benefits from proximity to both Oklahoma City and Edmond, 15–30 minutes south. As one of the most attractive multifamily properties in the submarket, Pleasant Hill offers curb appeal, family-oriented floor plans, and immediate access to regional economic drivers.
Attractive Demographics and MSA Alignment
Guthrie’s strong demographic trends support long-term occupancy and rent growth, with nearly 90% high school completion and 23% of residents holding a bachelor’s degree or higher. Unemployment remains low (~3%), reflecting a resilient local economy. Pleasant Hill also benefits from HUD rent limits governed by the Oklahoma City MSA, providing higher income rent limitations that attracts tenants and stability for investors.
Over $150K in Recent Capital Improvements
Since 2017, ownership has executed a targeted CapEx plan, including widespread appliance replacements, vinyl plank and carpet upgrades, HVAC and water heater replacements, and exterior trim and window improvements. These efforts have modernized interiors, minimized deferred maintenance, and positioned the asset for long-term operational success.
