4502 Sunnyview Dr, Oklahoma City, OK 73135
356-unit Oklahoma City portfolio with 92.1% occupancy, consisting of three apartment properties.
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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
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Vacancy Rate% for Multifamily in South region