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21779388
21779403

520 N Rockwell Ave, Oklahoma City, OK 73127

GH
OK 181041
SVN | OAK Realty Advisors
DP
AR SA00074282
SVN | OAK Realty Advisors
CL
OK 200011
SVN | OAK Realty Advisors
RL
OK-375739
SVN | OAK Realty Advisors
Listed by SVN | OAK Realty Advisors
$4,000,000
476 days on market
Updated 24 days ago
Opportunity zone

Rockwell Terrace

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 61,000
Units 60
Cap Rate 5.93%
NOI $237,038
Occupancy 90%
Pro-Forma Cap Rate 6.68%
Pro-Forma NOI $267,345
Class C
Year Built 1979
Year Renovated 2023
Buildings 7
Stories 2
Investment Type Value Add
Occupancy Date 01/15/2025
Ownership Fee Simple

Multifamily | 60 Units | $66,666/unit

Marketing description

Welcome to 520 N Rockwell Ave, a stunning multifamily building located in the heart of Oklahoma City, OK. This incredible property spans an impressive 61,000 square feet and is now available for sale.

Boasting a prime location in a vibrant neighborhood, this multifamily building offers an excellent investment opportunity.

The building features a variety of units, each meticulously designed to offer comfort and convenience. Residents will enjoy modern amenities, spacious layouts, and access to nearby attractions and amenities.

Don't miss your chance to own this exceptional multifamily building in Oklahoma City. Whether you're looking to expand your real estate portfolio or searching for a new investment opportunity, 520 N Rockwell Ave is the perfect choice. Contact us today to schedule a viewing and make this property yours.

Investment highlights

  • The property is a 1979 vintage asset located near two interstates in central Oklahoma City
  • The property is ripe for value-add enhancements to continue and improve upon current ownerships business plan
  • The complex offers a fantastic unit mix of majority two-bedroom units
  • The area surrounding the property is experiencing positive population growth thus increasing demand for units

Listing Contacts

GH
OK 181041
SVN | OAK Realty Advisors
DP
AR SA00074282
SVN | OAK Realty Advisors
CL
OK 200011
SVN | OAK Realty Advisors
RL
OK-375739
SVN | OAK Realty Advisors
Listed by SVN | OAK Realty Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$237,038.00
$19,753.17/mo

Valuation Metrics

0
DSCR
5.93%
Cap Rate
5.93%
ROI

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Additional Information

Name
Garrett Huie
License
181041
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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