48-Unit Apartment
For Sale
Contact for pricing
Pending
402 S Dogwood St, Owasso, OK 74055
Built in 1970, the property offers one-bedroom and two-bedroom floor plans with on-site laundry facilities.
Property SizeContact for details
Lot Size4.56 Acres
Days on Market143
Property Features for 402 S Dogwood St
General Information
Standard status
Pending
Lot size
4.56 Acres
Property subtype
Multifamily
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Average Monthly Rent
$834
Multifamily Units
48
Amenities
on-site laundry
Building Details
Year Built
1970
Buildings
12
Stories
2
Listing Agency:
Woodyard Realty Corporation
Listed By:
David Dorris · License #SA00100084
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 4:41PM
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 Woodyard Realty Corporation
Investment Insights
Based on property information with market context.
Cedar Crest Apartments is a 48-unit multifamily property comprising 12 two-story residential buildings on 4.56 acres. The community offers one-bedroom and two-bedroom layouts averaging approximately 715 square feet. A dedicated office and laundry facility constructed in 2016 includes a conference room, three furnished offices, a kitchen, bathroom, mail room, eight washers, and eight dryers. A 2,000-square-foot maintenance shop completed the same year provides 16-foot sidewalls, two 10x10 overhead doors, insulation, and water and sewer plumbing.
Property improvements include roof replacements on all 12 buildings in 2021, along with new decking, architectural shingles, windows, hardy plank lap siding, exterior lighting, and parking lot work. The property is 100% occupied, with an average tenancy of 2.78 years; 16 tenants, or 33%, have lived at the community for more than four years.
The property is located at 402 S Dogwood St in Owasso, less than a quarter mile west of HWY 169, which carries 49,000+ vehicles per day. It is also within walking distance of the Redbud District and Redbud Festival Park.
Property improvements include roof replacements on all 12 buildings in 2021, along with new decking, architectural shingles, windows, hardy plank lap siding, exterior lighting, and parking lot work. The property is 100% occupied, with an average tenancy of 2.78 years; 16 tenants, or 33%, have lived at the community for more than four years.
The property is located at 402 S Dogwood St in Owasso, less than a quarter mile west of HWY 169, which carries 49,000+ vehicles per day. It is also within walking distance of the Redbud District and Redbud Festival Park.
Key Highlights
- 48‑unit community with one‑bedroom and two‑bedroom layouts averaging approximately 715 square feet
- 12 two‑story residential buildings situated on 4.56 acres
- All 12 roofs replaced in 2021 with new decking and architectural shingles
Property Analytics
Property Profile
Current Use
Lease Details
48
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
692
Businesses Nearby
Explore this area
Business Placement
Demographics for 74055, OK
48,776
Population
19,539
Households
2.5
Avg Household Size
37
Median Age
39%
College-Educated
95%
High-School Grad
50.9 sq mi
ZIP Area
958
Density / Sq Mi
$86,897
Median Household Income
$46,956
Median Earnings
$1,218
Median Rent
$261,400
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 - Built in 1970, the property offers one-bedroom and two-bedroom floor plans with on-site laundry facilities.
Where is this apartment building located?
The property is located at 402 S Dogwood St Owasso, OK.
What are key features of this property?
This property features: 48‑unit community with one‑bedroom and two‑bedroom layouts averaging approximately 715 square feet; 12 two‑story residential buildings situated on 4.56 acres; All 12 roofs replaced in 2021 with new decking and architectural shingles
