537 E Elm Ave Norman, OK 73069
Property Features for 537 E Elm Ave
General Information
- Size
- 1 SF
Source:
Naiglobal
Listing Agent: Nathan Farha, Ccim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
University Proximity Multifamily Investment
Two properties, located in Norman, OK, offer a combined total of 12 units in close proximity to the University of Oklahoma. The first property, located at 537 South University Boulevard, features 8 units: 1 studio apartment renting for $795 per month, 6 one-bedroom apartments renting for $825 per month (all bills paid), and 1 three-bedroom apartment renting for $1,895 per month. Unit amenities include stainless steel appliances (fridge, stove, and dishwasher), a walk-in pantry, and ceiling fans. The property has new flooring, fresh paint, and shades throughout. The land area is 8,276 square feet. The second property, located at 415 East Elm Avenue, contains 4 units: 1 one-bedroom apartment renting for $800 per month and 3 two-bedroom apartments renting between $850 and $950 per month. Unit amenities include a fridge, stove, window air conditioning, and ceiling fans. The property features new flooring and fresh paint. Tenants are responsible for electric, gas, and a $25 water/trash fee. The land area is 6,534 square feet. Both properties are minutes away from the OU campus, dining, retail, and entertainment. The properties have a strong occupancy history with steady rental demand from students and local residents. Recent renovations include new roofs, plumbing, electrical, and all new mechanical systems within the last three years. The properties may be sold together or separately.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Norman
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.44776
- Latitude
- 35.210074
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two properties totaling 12 units near the University of Oklahoma.
Where is this apartment building located?
The property is located at 537 E Elm Ave Norman, 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: - Two properties totaling 12 units near the University of Oklahoma campus.; - Strong occupancy history with steady rental demand.; - Recent renovations include new roofs, plumbing, electrical, and all new mechanical within the last three years.