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THE VINTAGE AT MESTA

Documents:
·MARKETING PACKAGE

Property Description:

The Vintage at Mesta Park is a 36 unit garden style apartment community situated in University addition within thehistoric and coveted Mesta Park area. The property is in very good condition and boasts many cosmetic updates includingupdates of the common areas as well as many of the interiors of units within the last couple years.

The Vintage provides an investor the opportunity to acquire a historic apartment building with classic architecture, astable income stream and minimal deferred maintenance. Additionally, there is a “value add” opportunity in continuingto increase the existing rental rates to market which the current management has already started implementing.

Location Description:

The Vintage at Mesta is located near the corner of Walker and NW 21st Street in the thriving community of Mesta Park set in the heart of Oklahoma City. Mesta Park is listed on the national register of historic places and is designated as a historic preservation district of Oklahoma City.

The property is conveniently located in close proximity to a multitude of retail and eating establishments. Vintage is also situated only a fewblocks from the Historic Paseo Arts District which is the oldest arts district community in Oklahoma City and home to a vibrant group of artists with substantial involvement and support from the larger art community thus allowing the Paseo to be formed into one of the most creative and progressive art communities in the country.

Lastly, The Vintage is located less than 1 mile from Oklahoma City University, one of Oklahoma’s premier private colleges.