GRACE POINTE
Project Summary
The Property:
10.5 Acres total. Located on the border of OKC/Moore.
SW 119th St. (12th St. in Moore) between Western & Sante Fe Ave.
4.8 Acres Residential Development (Pud Zoning)
3.501 Acres C-3 Commercial Zoning- 564’ Frontage on 12th Street.
Approx. 2.2 Acres in Ponds and Water Features
The Residential Project:
60 Unit, Gated type “Universal Living” Retirement Development.
56-1 Bed/1 Bath Units, (758 sq ft. per Unit) Projected Rent $1200 per month.
2- 1 Bed/1 Bath Units, (973 sq ft. per Unit) Projected Rent $1350 per month.
2- 2 Bed/2 Bath Units, (1,253 sq ft. per Unit) Projected Rent $1,500 per month.
Clubhouse- 3,027 sq ft. w/ Safe room/Theatre Room & Common Areas.
60 Units of Carports (1 per Unit).
7 Single Garage Units-Projected Rent $100 per month.
26 Mini Storage Units-Projected Rent $55 per month.
Gated complex w/ walking trails, benches, landscaping etc…21 Units will have waterfront exposure.
Tenants will pay Rent, Electric, Phone, Cable.
Owners will provide Lawn Care, Taxes, Trash/Sewer Service, Common Lighting,
Available Spring of 2009