1838 NW 11th St - Apartments FOR SALE


Oklahoma City, OK 73106
$1,400,000 USD
580-399-6379
1838 NW 11th St, Oklahoma City, OK for Sale
$1,400,000 USD
Apartments - FOR SALE
1/19
null | 4.02% Cap Rate

1838 NW 11th St
Oklahoma City, OK 73106


HIGHLIGHTS

  • Five blocks south of the bustling Plaza District and also near Mid-Town.
  • Ten beautifully renovated units that combine modern amenities with preserved historic details.

OVERVIEW

This exceptional investment property generates over $7,300 a month in income and is situated just five blocks south of the bustling Plaza District and also near Mid-Town The complex comprises ten beautifully renovated units that combine modern amenities with preserved historic details At the heart of this property is a six-unit Gothic-style building which boasts an updated water supply system efficient mini-split HVAC units updated thermal windows updated electrical systems and services and exquisitely refurbished interiors; Next door two separate duplexes have been fully renovated to the same high standard The property also includes new concrete parking at the rear and new sidewalks surrounding the entire corner This turnkey rental package ensures low overhead costs making it an attractive option for investors; Located in one of Oklahoma City's fastest-growing areas this property offers tenants access to green spaces with some units featuring private yards The architecture high-end finishes and availability of both private and communal gardens and grilling areas add to its appeal The units include eight one-bedroom apartments of various sizes and two efficiency apartments all plumbed for European-style washer-dryer combos This is a rare opportunity for investors to acquire a high-quality hassle-free asset in a prime location

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$394 USD /SF

# OF UNITS

10

PRICE/UNIT

$140,000

CAP RATE

4.02%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,201 SF

ZONING

-

APN/PARCEL ID

062865200

ASK ABOUT THIS PROPERTY

Heston BushChinowth & Cohen RealtorsMore Info
580-399-6379

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Heston BushChinowth & Cohen RealtorsMore Info
580-399-6379

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.