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20868541
20868542

1818 NW 29th St, Oklahoma City, OK 73106

PB
OK 116430
RE/MAX Preferred Properties
Listed by RE/MAX Preferred Properties
$564,000
556 days on market
Updated 2 days ago

OCU 5 plex

Details
APN 052351600
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 4,616
Units 5
Cap Rate 8%
NOI $45,114
Occupancy 100%
Broker Co-Op Yes
Class C
Year Built 1933
Year Renovated 2023
Buildings 2
Stories 2
Lot Size (SqFt) 7,000
Zoning multifamily
Parking Spaces 8 per unit
Investment Type Owner/User
Occupancy Date 02/21/2026
Ground Lease No
Ownership private

Turn-Key Cash Flow in the Heart of Oklahoma City!!!

Marketing description

Great new price!! 11.80% gross cap rate!!! Looking for a high-yield, low-maintenance addition to your portfolio This is it. Discover an exceptional multi-unit property featuring 5 fully remodeled units, perfectly positioned for maximum occupancy and appreciation.

Fully Updated: Extensive 2023 renovations including a new roof and updated mechanicals.

Bedrooms, 8 Bathrooms across 4,616 sq. ft. of modernized living space .Each unit is equipped with individual washer/dryer hookups—a massive driver for premium rents .Walking distance to OCU and minutes from the vibrant energy of Midtown and The Paseo. This is a true turn-key opportunity in a thriving NW OKC neighborhood. Skip the renovation headaches and start collecting rent on Day 1.

**Seller will not consider owner carry financing**

*Buyer to verify all info *

**Please do not walk property or bother tenants unless confirmed by listing broker**

Investment highlights

5 total units with 3- 2 bedroom units and 2 1 bedroom units bringing in a gross revenue of $66,600 with NOI $45114 Superb location with easy walking distance to OCU law school, close to Paseo and midtown attractions.

Listing Contacts

PB
OK 116430
RE/MAX Preferred Properties
Listed by RE/MAX Preferred Properties

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$45,114.00
$3,759.50/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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Additional Information

Name
Paul Brooks
License
116430
Brokerage
REMAX Pref Properties
Brokerage Phone
4059900548
Title
Listing & Sales Broker
Brokerage Address
3121 Quail Springs Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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