5811 NW 34Th St Oklahoma City, OK 73122

Lamplight Apartments, a 126-unit multifamily investment opportunity located at 5811 NW 34th St, Oklahoma City, OK. This offering presents investors with a rare opportunity to acquire a cash-flowing value-add asset with immediate lease-up momentum, minimal delinquency, and significant upside potential in one of Oklahoma City’s most stable rental submarkets. Property Overview 126 Units Asking Price: $9,400,000 Approx. $74,603 Per Unit Garden-Style Multifamily Community Oklahoma City, OK Strong Forward-Looking Income Story The current rent roll reflects 94 occupied units with approximately $75,385/month in actual rents. However, ownership reports that 15 of the currently vacant units are already pre-leased, creating a clear path toward increased occupancy and improved cash flow. Additionally, delinquency is reportedly minimal, supporting strong collections and higher-quality income than many comparable value-add assets. Stabilized Upside The property offers substantial embedded upside through: Lease-up of remaining vacant inventory Capturing market rents Continued operational optimization Interior unit upgrades and turnover strategy Current market rent potential is approximately $101,958/month, providing investors with meaningful revenue growth opportunity as occupancy stabilizes. Investment Metrics Current Actual Rent: ~$75,385/month Market Rent Potential: ~$101,958/month 15 Units Pre-Leased Minimal Delinquency Approx. 7.5% Stabilized Cap Rate (per Noble underwriting) Market Overview Oklahoma City continues to attract multifamily investors due to: Affordable cost of living Strong renter demand Stable occupancy trends Favorable landlord environment Consistent rent growth fundamentals Lamplight Apartments combines scale, cash flow, and lease-up upside at an attractive basis, making it an ideal opportunity for private investors, syndicators, and multifamily operators.