North OKC Value-Add
2201 Northwest 122nd Street, Oklahoma City, OK 73120
955-unit portfolio in North Oklahoma City along premier retail corridor.
- Added:
- Jan 27, 2026
- Days on Market:
- 110
- Last Refresh:
- Apr 5 at 11:32 pm
Property Features for 2201 Northwest 122nd Street
General Information
- Standard status
- Active
Building Details
- Year Built
- 1984
Listing agent Justin Wilson (405) 605-2546
Listing office (405) 605-2546
Listing date Jan 27, 2026
Source Nmrk
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 Justin Wilson
HighLights
- 955‑unit portfolio in a high‑growth North Oklahoma City location with 5% year‑over‑year rent growth.
- Significant value‑add opportunity through unit renovations and improved operational efficiencies, demonstrated by surrounding properties' revenue growth.
- Prime location within one mile of the Chisholm Creek District, a premier live‑work‑play development with top‑tier retailers.
- Easy access to major transportation corridors and leading employers, including INTEGRIS Baptist, Mercy Health, and Paycom.
- Almost $6.4 million in recent capital improvements, including exterior, common area, and interior unit upgrades.
- Located in Oklahoma City, which had the fourth‑lowest unemployment rate in the U.S. among large metros (2.8% in May 2025).
Overview
The North OKC Value-Add Portfolio consists of 955 apartment units situated in North Oklahoma City along one of the city's premier retail corridors. The properties, Raindance and Penn Station Apartments, have undergone approximately $6.4 million in capital improvements by the current owners, including upgrades to the exterior, common areas, and interior units. The location provides a live-work-play environment with convenient access to retail destinations such as Chisholm Creek, Classen Curve, Costco, and Trader Joe’s. Residents benefit from easy access to the Oklahoma City Central Business District and major employers. The properties are positioned within one mile of the Chisholm Creek District, a 190-acre development featuring retailers such as Cabela’s, Topgolf, and iFly Indoor Skydiving, along with hotels, office space, and green areas. The properties enjoy easy access to major transportation corridors, including Highway 74, the John Kilpatrick Turnpike, and the Broadway Extension, facilitating commutes to employers such as INTEGRIS Baptist, Mercy Health, Paycom, Love’s Travel Stops, Expand Energy, and the Oklahoma City Central Business District. The North Oklahoma City submarket is experiencing high growth, with strong demand and a 5% rent growth year-over-year as of the second quarter of 2025, according to Yardi Matrix. As of May 2025, Oklahoma City had a 2.8% unemployment rate.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Custom View Shutters ...
(Bike/Boat/Book/etc) Store
Raindance Apartment Homes
Real Estate Agency
G.O. Basketball Academy
Gym & Fitness Center
NYC Productions
Live Music Venue
Jonathan's Apartment
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.5525
- Latitude
- 35.5967
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 955-unit portfolio in North Oklahoma City along premier retail corridor.
Where is this apartment building located?
The property is located at 2201 Northwest 122nd Street Oklahoma City, OK.
What are key features of this property?
This property features: 955‑unit portfolio in a high‑growth North Oklahoma City location with 5% year‑over‑year rent growth.; Significant value‑add opportunity through unit renovations and improved operational efficiencies, demonstrated by surrounding properties' revenue growth.; Prime location within one mile of the Chisholm Creek District, a premier live‑work‑play development with top‑tier retailers.
