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24668551
24668552

735 NW 30th St, Oklahoma City, OK 73118

BH
OK 173184
KW Commercial Keller Williams Realty Elite
JF
OK 211936
Listed by KW Commercial Keller Williams Realty Elite
$2,375,000
328 days on market
Updated 31 days ago

Paseo Arts District | 12-Plex | 90% Occ

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,520
Units 12
Cap Rate 4.34%
NOI $103,075
Occupancy 90%
Broker Co-Op Yes
Class C
Year Built 1974
Buildings 2
Stories 2
Zoning R-4

12-plex | 90% occupied!

Marketing description

Presenting an exceptional opportunity to acquire a fully renovated 12-unit multifamily asset strategically positioned in Oklahoma City’s highly desirable Paseo Arts District. This property comprises twelve (12) one-bedroom units, each tastefully updated to modern standards and delivering immediate cash flow with minimal deferred maintenance. Currently 90% leased, the property offers stabilized income with additional upside potential through market rent growth or implementation of short-term rental strategies. Each unit features dedicated in-unit laundry, enhancing tenant appeal and supporting premium rents. The property benefits from ample off-street parking for all residents, a significant advantage in this urban infill location. Walkability is a key selling point, with tenants enjoying immediate access to the Paseo Arts District’s vibrant mix of dining, shopping, and nightlife destinations. The site offers excellent street visibility and curb appeal, supporting long-term occupancy and rent growth. Notable capital improvements include a new roof installed in 2019, reducing near-term capital expenditure requirements for investors. With strong demand from young professionals and proximity to major highways, this asset is well positioned to deliver durable cash flow and long-term value appreciation. Financials and rent roll available with executed non-disclosure agreement.

Listing Contacts

BH
OK 173184
KW Commercial Keller Williams Realty Elite
JF
OK 211936
Listed by KW Commercial Keller Williams Realty Elite

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$103,075.00
$8,589.58/mo

Valuation Metrics

0
DSCR
4.34%
Cap Rate
4.34%
ROI

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Additional Information

Name
Brent Holliday
License
173184
Name
Joel Frees
License
211936
Brokerage Phone
405-948-7500
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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