Listed by SVN | OAK Realty Advisors
$10,500,000
Manchester on May
Details
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 78,680
Units 100
Cap Rate 6.78%
NOI $712,265
Occupancy 96%
Year Built 1960
Year Renovated 2023
Buildings 6
Stories 2
Acreage 3.610
Zoning R-4
Investment Type Stabilized
Multifamily | 100 Units | $105,000/unit
Marketing description
Introducing MANCHESTER ON MAY, a prime multifamily community located at 5660 North May Avenue in Oklahoma City, OK. This 100-unit property offers a lucrative value-add opportunity in one of the city's established investment corridors.
Managed by SVN Oak Realty Advisors, this property is strategically positioned for growth and features a desirable unit mix with 84 one-bedroom units and 16 accessible units. With a focus on maximizing potential returns, investors have the chance to capitalize on this well-located asset.
Prospective buyers can submit offers and explore this investment opportunity further by contacting the team at SVN Oak Realty Advisors. Don't miss out on the chance to be part of the thriving Oklahoma City real estate market with MANCHESTER ON MAY. Invest in success at this sought-after address on North May Avenue.
Listing Contacts
Listed by SVN | OAK Realty Advisors
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$712,265.00
$59,355.42/mo
Valuation Metrics
0
DSCR
6.78%
Cap Rate
6.78%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
