Listing Agency: Coldwell Banker Select Real Estate Tulsa r***@svn.com Show Phone

Listed By: Casey Litsey · License #OK 161483

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 9:37AM

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Investment Insights

Based on property information with market context.

Oak Crest Apartments is an apartment building with 19 residential units at 1200 S 7th St in McAlester, Oklahoma. The property is presented as a multifamily asset with an 8.99% cap rate.

Key Highlights

• 19‑unit apartment building
• 8.99% cap rate
• Located at 1200 S 7th St, McAlester, OK 74501

Property Analytics

Property Profile

Current Use

Oak Crest Aparments Apartment Building Brandy's Apartment Building

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19

Residential units

Location Intelligence

Trade Area within ½ mile

267

Businesses Nearby

Explore this area Business Placement

Demographics for 74501, OK

28,566

Population

13,223

Households

2.2

Avg Household Size

40

Median Age

21%

College-Educated

87%

High-School Grad

550.7 sq mi

ZIP Area

52

Density / Sq Mi

$55,430

Median Household Income

$38,814

Median Earnings

$907

Median Rent

$156,500

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Apartment property comprising 19 residential units.

Where is this apartment building located?

The property is located at 1200 S 7th St McAlester, OK.

What are key features of this property?

This property features: 19‑unit apartment building; 8.99% cap rate; Located at 1200 S 7th St, McAlester, OK 74501