4502 Sunnyview Dr Oklahoma City, OK 73135

Listing agency Waller Group Homes l***@loganwaller.com Show Phone

Listed by Logan Waller · License #TX 0479147

Source Crexi

Added: Apr 12 Updated: Jul 20 at 10:48PM Checked: Jul 22 at 6:01PM

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Investment Insights

Based on property information with market context.

A 356-unit multifamily portfolio in Oklahoma City, offered for sale with 92.1% occupancy. The package includes three apartment properties: Sunnyview and Sunnyview West, totaling 236 units and located within the same subdivision about 0.2 miles apart, plus Garden Apartments with 120 units approximately 14.9 miles from the first two properties. Current ownership is achieving $1,426,070 in annual NOI, and management is currently in place and can be extended to new ownership.

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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FAQs

What type of property is this?

Apartment building - 356-unit Oklahoma City portfolio with 92.1% occupancy, consisting of three apartment properties.

Where is this apartment building located?

The property is located at 4502 Sunnyview Dr Oklahoma City, OK.

What are key features of this property?

This property features: 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