Multifamily Apartment
For Sale
Contact for pricing
Pending
4502 Sunnyview Dr, Oklahoma City, OK 73135
356-unit Oklahoma City portfolio with 92.1% occupancy, consisting of three apartment properties.
Days on Market110
Property Features for 4502 Sunnyview Dr
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
92%
Additional Details
Business Included
Yes
Multifamily Units
356
Building Details
Tenancy
Multi
Listing Agency:
Waller Group Homes
(214) 818-4109
Listed By:
Logan Waller · License #TX 0479147
Source:
Crexi
Added: Apr 12
Changed: Jul 20
Last Checked: Jul 29 at 10:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Waller Group Homes
Investment Insights
Based on property information with market context.
A 356-unit multifamily portfolio in Oklahoma City, offered for sale with 92.1% occupancy. The package includes three apartment properties: Sunnyview and Sunnyview West, totaling 236 units and located within the same subdivision about 0.2 miles apart, plus Garden Apartments with 120 units approximately 14.9 miles from the first two properties. Current ownership is achieving $1,426,070 in annual NOI, and management is currently in place and can be extended to new ownership.
The portfolio also includes an adjacent 10-acre parcel next to Sunnyview that is zoned for 250 multifamily units. The seller notes that, based on area rent comps, new ownership can raise rents by $168 per unit, supporting an estimated annual NOI of $2,105,484. Additional income and expense opportunities discussed include implementing a ratio utility billing system, application fees, parking fees, and pet fees, along with potential water conservation updates such as faucet, shower, and low-flow toilet improvements that can save up to 20% on water bills.
The portfolio also includes an adjacent 10-acre parcel next to Sunnyview that is zoned for 250 multifamily units. The seller notes that, based on area rent comps, new ownership can raise rents by $168 per unit, supporting an estimated annual NOI of $2,105,484. Additional income and expense opportunities discussed include implementing a ratio utility billing system, application fees, parking fees, and pet fees, along with potential water conservation updates such as faucet, shower, and low-flow toilet improvements that can save up to 20% on water bills.
Key Highlights
- 356‑unit Oklahoma City, OK apartment portfolio with 92.1% occupancy across three properties
- Sunnyview & Sunnyview West offer 236 units within the same subdivision, 0.2 miles apart
- Garden Apartments adds 120 units, located 14.9 miles from Sunnyview & Sunnyview West
Property Analytics
Current Use
Lease Details
356
Residential units
92.1%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
Explore this area
Business Placement
Demographics for 73135, OK
21,562
Population
9,696
Households
2.2
Avg Household Size
33
Median Age
24%
College-Educated
88%
High-School Grad
11.0 sq mi
ZIP Area
1,960
Density / Sq Mi
$67,464
Median Household Income
$38,346
Median Earnings
$1,212
Median Rent
$164,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 356-unit Oklahoma City portfolio with 92.1% occupancy, consisting of three apartment properties.
Where is this apartment building located?
The property is located at 4502 Sunnyview Dr Oklahoma City, OK.
What are key features of this property?
This property features: 356‑unit Oklahoma City, OK apartment portfolio with 92.1% occupancy across three properties; Sunnyview & Sunnyview West offer 236 units within the same subdivision, 0.2 miles apart; Garden Apartments adds 120 units, located 14.9 miles from Sunnyview & Sunnyview West
