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5825 NW 34Th St Oklahoma City, OK 73122

For Sale
$1,675,000

Fully occupied apartment complex with recent upgrades and income potential.

Property size:
15,344 SF
Lot size:
0.42 Acres

Property Features for 5825 NW 34Th St

General Information

Size
15,344 SF
Lot size
0.42 Acres

Building Details

Year built
1969

Source: KW Summit Agent Alan Larsen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Multifamily Property with Renovation Updates

This multifamily property features 20 one-bedroom apartments and 4 two-bedroom apartments, all currently occupied. The property has undergone several recent renovations, including new windows, two new steel staircases, full exterior gutters, exterior lighting, a camera security system, a new on-site laundry room, and full exterior electric gated access. The exterior fascia has also been recently painted. The surrounding area is experiencing improvements, with a neighboring apartment complex having undergone a multi-million dollar renovation. The two-bedroom units are currently renting for $725 per month, plus $50 per month for water, sewer, and garbage. The one-bedroom apartments are renting for $625 per month, plus $50 per month for water, sewer, and garbage. There is potential to increase rental rates upon renewal with minimal additional work. The property size is 15344 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mission Place Apartments ... Apartment Building Poptails and nails Spa

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Oklahoma City
County
Cleveland
State
Oklahoma
Longitude
-97.6180339
Latitude
35.5057763

FAQs

What type of property is this?
Apartment building - Fully occupied apartment complex with recent upgrades and income potential.
Where is this apartment building located?
The property is located at 5825 NW 34Th St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: - Significant potential to increase rental income by raising rents to market rates.; - Fully occupied complex with a mix of 20 one-bedroom and 4 two-bedroom apartments.; - Recent capital improvements including new windows, steel staircases, gutters, lighting, and exterior paint.
More about this property
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