We're acquiring and improving an 80-unit apartment complex in a high-growth Oklahoma market where demand for clean, safe, affordable housing continues to rise.
Our mission: deliver stable returns while meeting the needs of working families and professionals seeking quality housing they can afford.
While providing needed, attainable workforce housing
This well-maintained property requires minor upgrades to enhance resident experience and remain competitive. Our focus will be on improving community amenities and specific deferred capex projects.
With a demand for affordable, high-quality housing in the area, we are committed to keeping rents both competitive and accessible.
In a rapidly growing submarket
Located in a rapidly growing area benefitting from significant new commercial development and local attractions, the property features four (4) two-story garden apartment buildings and two (2) one-story garden apartment buildings.
Units will receive a variety of modernizing amenities based on current condition, and the property has significant space for community amenity upgrades.
90%
Return on
Investment
18%
Average Annual
Return
15%
IRR
7%
Cash on Cash
A Quiet Boomtown with Big Tailwinds
Durant is growing fast—and quietly. Located 90 miles from Dallas, it offers affordability, economic diversity, and rising demand for housing.
Population growth
from 6.8 million in
2010 to an estimated
8.65 million in 2023
Durant has seen local
growth, averaging 2.59% annually, growing 11.22%
since 2020
+35% growth since 2010 = Increasing demand for rental housing with limited new supply
56.7% Job Growth Projected Over the Next Decade → More workforce housing demand
+35% growth since 2010 = Increasing demand for rental housing with limited new supply
56.7% Job Growth Projected Over the Next Decade → More workforce housing demand
+35% growth since 2010 = Increasing demand for rental housing with limited new supply
56.7% Job Growth Projected Over the Next Decade → More workforce housing demand
+35% growth since 2010 = Increasing demand for rental housing with limited new supply
56.7% Job Growth Projected Over the Next Decade → More workforce housing demand
Rental vacancy rate: ~4.1% (below national average)
Limited supply of modernized, quality apartments—ensuring strong occupancy
Stable employment from Native government and job, healthcare, and education sectors
Less speculative price swings compared to major metro areas
Property tax: 0.90% (Oklahoma) vs. 1.60% (Texas)
Affordable investment entry point → Better risk-adjusted returns
Mix of working professionals, retirees, and students provides steady demand
Growth of remote work makes Durant a viable alternative to DFW
Low-cost acquisitions with strong cash flow potential
Demand fundamentals support long-term appreciation & income stability
With limited new supply, these fundamentals provide strong confidence in the future of this property
(Sources: U.S. Census, HUD, Durant Industrial Authority, Zillow, RentCafe, HUD, Tax Foundation, Best Places, Durant Economic Reports)
Ghan & Cooper specialize in managing workforce housing, and they understand what it takes to maintain quality, reduce turnover, and deliver a great resident experience that supports stable returns.
Projected Member Returns (based on 100k investment)