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716 Sonia Dr Lot | Terrain commercial | 0,51 ha | À vendre | 644 022 € | Norman, OK 73072
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- 716 Sonia Drive is a 1.25-acre vacant lot recently rezoned to RM-6, Medium-Density Apartment District, permitting student housing projects.
- As of Q1 2025, student housing commanded average rates 31% higher than traditional multifamily communities in the OU market, with 3.3% YOY growth.
- Ideally poised to serve the University of Oklahoma (OU), boasting a full-time student population of 23,191, with only about 6,300 on-site dorms.
- Located within a five-minute walk of the OU Rugby Field, the Lloyd Noble Center arena, the OU Tennis Club, and the CART student bus line.
Résumé analytique
716 Sonia Drive presents a rare opportunity to develop multifamily real estate on the edge of the University of Oklahoma campus.
The 1.25-acre tract was recently rezoned to RM-6, Medium-Density Apartment District, allowing for student housing developments. The site previously had three single-family houses, which have now been demolished, leaving the land in shovel-ready condition. 716 Sonia Drive is surrounded by several other housing options, including the VUE and Avalon, two of the top-rated communities serving OU per Apartments.com, establishing this location as a preferred destination for students.
Located diagonally across from the OU Rugby Field and the university’s indoor arena is behind the field, this is one of the closest development sites to the campus. Students can walk to a Campus Area Rapid Transit Stop (CART) in five minutes, providing an even quicker route to all school facilities. Monthly student rents were reportedly $241 higher on average compared to multifamily rents in the area as of Q1 2025, and that figure typically rises the closer the property is to campus.
The 1.25-acre tract was recently rezoned to RM-6, Medium-Density Apartment District, allowing for student housing developments. The site previously had three single-family houses, which have now been demolished, leaving the land in shovel-ready condition. 716 Sonia Drive is surrounded by several other housing options, including the VUE and Avalon, two of the top-rated communities serving OU per Apartments.com, establishing this location as a preferred destination for students.
Located diagonally across from the OU Rugby Field and the university’s indoor arena is behind the field, this is one of the closest development sites to the campus. Students can walk to a Campus Area Rapid Transit Stop (CART) in five minutes, providing an even quicker route to all school facilities. Monthly student rents were reportedly $241 higher on average compared to multifamily rents in the area as of Q1 2025, and that figure typically rises the closer the property is to campus.
Informations sur l’immeuble Sous contrat
1 Lot disponible
Lot
| Prix | 644 022 € | Surface du lot | 0,51 ha |
| Prix par ha | 1 273 129,81 € |
| Prix | 644 022 € |
| Prix par ha | 1 273 129,81 € |
| Surface du lot | 0,51 ha |
This site is approximately 1.25 acres and has been rezoned to RM-6, which will accommodate student housing.
1 1
Plutôt praticable à pied
30/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Plutôt praticable en vélo
50/100
1 sur 16
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716 Sonia Dr
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