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5811 34Th St Oklahoma City, OK 73122

Sponsored
For Sale
$10,000,000

126-unit, renovated garden-style apartments

Property size:
102,980 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
Exceptional investment opportunity: This 126-unit apartment complex in Oklahoma City, OK, boasts 102,980 square feet on a 3.3-acre lot. The Class B building, renovated in 2022, offers a strong 10.30% cap rate and a substantial NOI of $1,030,000, with an asking price of $10,000,000. Individual units feature desirable amenities including walk-in closets, refrigerators, ovens, and disposal. Community amenities include a courtyard, laundry facilities, picnic area, 24-hour access, and on-site property management. The property enjoys a 93% average occupancy rate and a parking ratio of 1.22 per 1,000 square feet. This two-story building presents a compelling opportunity for investors seeking a high-performing multifamily asset in a desirable Oklahoma City location. The property is situated at 5811 NW 34th St, Oklahoma City, OK 73122. The price per unit is $79,365.08, and the price per square foot is $97.11. The property is smoke-free.

Property Features for 5811 34Th St

General Information

Property type
Multifamily properties
Square Feet
102,980 SF
Class
B
Lot Size
143,748 SF

Building Details

Year Renovated
2022
Buildings
1
Stories
2
Units
126

Property Profile Location Intelligence

Current Use by Public Records

Lamplight Apartments Apartment Complex

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Oklahoma City
County
Oklahoma
State
Oklahoma
Longitude
-97.6173744
Latitude
35.5058767

FAQs

What type of property is this?
Multifamily property - 126-unit, renovated garden-style apartments
Where is this multifamily property located?
The property is located at 5811 34Th St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $10,000,000.
More about this property
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