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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31738313
31738304

4 Locations

AL
OK 206378
Lionshead Property Management
Listed by Lionshead Property Management
$9,175,000
47 days on market
Updated 30 days ago

OKC Portfolio

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 81,350
Units 121
Cap Rate 10.51%
NOI $963,908
Occupancy 93%
Price per SqFt $113
Year Built 1980, 1965, 1969, 1960
Stories 2

Multifamily | 121 Units | $75,826/unit

Marketing description

Investors, seize this exceptional opportunity to acquire a diverse portfolio of 121 units in the OKC market, strategically located in a thriving urban area. This portfolio offers a robust mix of one, two, and three-bedroom units, catering to a wide range of tenants and ensuring consistent rental income.

This 121-unit portfolio is an ideal investment for those looking to expand their real estate holdings or enter the commercial market. Some recent updates include newer windows at Mission Place, Newer Parking Lot fence/Gate, and Stairs at Mission Place. Brand new Large Warehouse/Laundry Room at The Pointe, refinished pool, new playground, ect... Priced competitively for how well maintained they are! Buildings can be sold separately.

Investment highlights

Key Highlights:

Brand New Large On-Site Warehouse and laundry facility at The Pointe on 23rd.

Prime Location: Situated in a high-demand area with easy access to public transportation, shopping centers, and recreational parks, enhancing tenant appeal.

Strong Occupancy Rates: Currently boasting an impressive occupancy rate, this portfolio has been well-maintained, demonstrating a solid track record with tenant satisfaction.

Pool Refinished at The Pointe

New playground installed at The Pointe

Stable Revenue: Benefit from established rental income, with opportunities for rent growth in an expanding market.

Digital Tours

English Village North(1441 NW 92nd St):

1 Bedroom: https://discover.matterport.com/space/1qAxfjyp5u6

1 Bedroom: https://discover.matterport.com/space/d1p6ZLUR63X

The Point at 23rd(2321 N Meridian):

2 Bedroom: https://discover.matterport.com/space/1VNxEVNcyNp

3509 N Nesbit(3509 N Nesbitt):

2 Bedroom: https://discover.matterport.com/space/L7zbbRGTyS3

Mission Place(5825 NW 34th st):

1 Bedroom: https://discover.matterport.com/space/dvb8HCQffPu

Listing Contacts

AL
OK 206378
Lionshead Property Management
Listed by Lionshead Property Management

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$963,908.00
$80,325.67/mo

Valuation Metrics

0
DSCR
10.51%
Cap Rate
10.51%
ROI

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Additional Information

Name
Alan Larsen
License
206378
Brokerage
Lionshead Property Management
Brokerage Phone
801-608-7349
Brokerage Address
6011 North Robinson Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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