The Aldridge

Shawnee, OK

Info For Buyers

Overview

Summary

  • Price Market
  • Address 20 E 9th St, Shawnee, OK 74801
  • # Units 61 MF & 14 Retail/Office
  • # Floors 9
  • Rentable SF 44,679 SF
  • Year Built 1926
  • Avg Rent / Unit $892

The Aldridge Apartments is a 75-unit asset, consisting of 61 LIHTC apartments and 14 Retail/Office units, located in downtown Shawnee, part of the Oklahoma City-Shawnee, OK Combined Statistical Area (CSA). The Aldridge is allocated for Seniors aged 62 years and older and people with disabilities of all ages. The 9-story brick building was constructed in 1926 and served as the city’s premier hotel and social gathering place through the 1940s. The historic building is on the National Register of Historic Places and underwent a major restoration in 2005. The apartment units feature fully equipped kitchens, hardwood and vinyl flooring, walk-in closets, and downtown views. The common areas feature a grand lobby / reception area and controlled building access.

Historic 9-Story Mixed-Use Building

61 LIHTC Apartments and 14 Commercial Units

Well-Maintained Asset with 60%and 80% AMI Rent Restrictions for Seniors 62+
New Roof in 2024, New HVAC and Water Heaters in 2022

Being Offered Free & Clear

Team

Nicholas Brown

Nicholas Brown

Associate Director
GREA
972.532.6126
Sean Scott

Sean Scott

Managing Director
GREA
972.996.6233