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Pennington Place Apartment Community
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3732 NW 23rd St, Oklahoma City, OK 73107

Fully occupied community with comprehensively updated interiors, building systems, and site improvements.

Property SizeContact for details
Days on Market146

Property Features for 3732 NW 23rd St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Sprinkler System Yes
Multifamily Units 40

Amenities

laundry facility
Listing Agency: The Brown Group
Listed By: Toby Brown · License #141753
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:22AM

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 The Brown Group

Investment Insights

Based on property information with market context.

Pennington Place Apartments is a 40-unit apartment community that underwent a comprehensive renovation in 2021/22. The work included rebuilding interiors and core building components, along with replacement roofs, HVAC, plumbing, and a fire suppression system. Property improvements also include a laundry facility and resurfaced parking areas.

Located at 3732 NW 23rd St in Oklahoma City, the property is fully occupied and includes updated common and operational facilities. The renovation scope extends across the buildings and site, creating a substantially refreshed multifamily asset with current occupancy in place.

Key Highlights

  • 40‑unit apartment community at 3732 NW 23rd St, Oklahoma City, OK 73107
  • Fully occupied property
  • Comprehensively renovated in 2021/22

Property Analytics

Current Use

Courtyard Apartments Apartment Complex

Suggested Use

Top Pick Real Estate Agency Law Firm Food Market Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

40
Residential units
100%
Occupancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

318
Businesses Nearby

Demographics for 73107, OK

26,318
Population
12,621
Households
2.1
Avg Household Size
34
Median Age
31%
College-Educated
80%
High-School Grad
7.6 sq mi
ZIP Area
3,463
Density / Sq Mi
$58,428
Median Household Income
$38,753
Median Earnings
$1,014
Median Rent
$143,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Fully occupied community with comprehensively updated interiors, building systems, and site improvements.
Where is this apartment building located?
The property is located at 3732 NW 23rd St Oklahoma City, OK.
What are key features of this property?
This property features: 40‑unit apartment community at 3732 NW 23rd St, Oklahoma City, OK 73107; Fully occupied property; Comprehensively renovated in 2021/22
(405) 607-1311 Call to check price and availability
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