5811 34Th StOklahoma City, OK 73122

For Sale
$10,000,000
126-unit, renovated garden-style apartments

Overview

Added:
Dec 11, 2024
Days on market:
126
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 Details for 5811 34Th St

Property type
Apartment buildings
Square Feet
102,980 SF
Class
B
Year Renovated
2022
Buildings
1
Stories
2
Lot Size (sq. ft)
143,748 SF
Units
126

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.5058767
Longitude
-97.6173744
5811 34Th St, Oklahoma City, Oklahoma

FAQs

What type of property is this?
Apartment building - 126-unit, renovated garden-style apartments
Where is the apartment building 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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5811 34Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message