The Memorial Hospital is 5 stories with an ability to fit 60+ units with a mix of 1 and 2 bedroom units or mixed use. Ample space for a roof deck as well for tenant amenities. Ample room for parking and even a pool located on site as well.
The Memorial Hospital site is in an excellent residential location at the intersection of two major North/South and East/West roads, Frank Phillips Blvd. and Cherokee Avenue centrally located in Downtown Bartlesville.
The building is in perfect shape and form for a historic tax credit development project. The property already has Part1 and Part2 historic approvals from National parks Service and the Oklahoma historical Society. All key historic features are intact and would provide for an easy HTC project. Full set of architectural plans including demo plans available and all documentation and certifications will be provided with sale saving in developmental costs.
Phase 1 Environmental completed and shows no evidence of recognized environmental conditions in connection with the property.
City of Bartlesville has shown high interest in providing grant funding in order to accommodate for increase in multi family housing demand in most recent market study.