5811 34Th St Oklahoma City, OK 73122
- Commercial real estate
- 102,980 SF
- 3.30 lot acres
Current Use by Public Records
- Lamplight Apartments / Apartment Complex
Property Details for 5811 34Th St
- Lot size
- 3.30 lot acres
- Property size
- 102,980 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.6173744
- Latitude
- 35.5058767
