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Multifamily Rental Portfolio
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Pending

3017 Somerset Pl, Oklahoma City, OK 73116

Eight-property package with seven leased assets and one vacant property requiring renovation.

Property SizeContact for details
Days on Market145

Property Features for 3017 Somerset Pl

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Gross Income $68,400
Multifamily Units 9

Building Details

Buildings 8
Listing Agency: Kevo Properties
Listed By: Brett Creager · License #OK 160868
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 2 at 1:49AM

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 Kevo Properties

Investment Insights

Based on property information with market context.

This Oklahoma City multifamily package includes eight properties, with seven currently leased and stabilized. The remaining property is vacant, gutted, and requires remodeling before it can be returned to service.

The portfolio is located across Oklahoma City and currently produces rental income. The package combines occupied assets with one renovation component, offering a mix of operating properties and a property requiring additional work.

Key Highlights

  • Eight multifamily properties across Oklahoma City
  • Seven properties are leased and stabilized
  • One property is vacant and gutted

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply Daycare Center Plumbing Service Garden Center Furniture & Home Goods Grocery & Convenience Store

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby

Demographics for 73116, OK

9,531
Population
4,966
Households
1.9
Avg Household Size
43
Median Age
54%
College-Educated
95%
High-School Grad
5.5 sq mi
ZIP Area
1,733
Density / Sq Mi
$81,563
Median Household Income
$53,528
Median Earnings
$1,136
Median Rent
$285,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Eight-property package with seven leased assets and one vacant property requiring renovation.
Where is this multifamily property located?
The property is located at 3017 Somerset Pl Oklahoma City, OK.
What are key features of this property?
This property features: Eight multifamily properties across Oklahoma City; Seven properties are leased and stabilized; One property is vacant and gutted
More about this property
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