5800 34Th StOklahoma City, OK 73122

For Sale
$3,600,000
34 Units, Newly Renovated, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 34-unit apartment complex in Oklahoma City, OK presents a compelling investment opportunity. The property, located at 5800 NW 34th St, zip code 73122, comprises three buildings constructed in 1967 and underwent a complete renovation in 2023-2024. The unit mix includes 15 two-bedroom, 18 one-bedroom, and 1 three-bedroom apartment, catering to a diverse tenant base. Currently, the complex boasts 27% occupancy, projected to reach 80% within two weeks of listing. All renovations, including new above-ground plumbing, electrical systems (panels and wiring), and HVAC units, were fully permitted. The property features on-site coin-operated laundry facilities, adding convenience for tenants and generating supplemental income. The asking price is $3,600,000. This turnkey investment offers minimal upkeep and strong rental demand in a desirable location, promising consistent cash flow and potential for rent increases. The property is available for occupancy starting September 19, 2024. This is an ideal opportunity for investors seeking a well-maintained, income-generating asset with significant upside potential.

Highlights

  • 34-unit multifamily property with a desirable unit mix of 15 two-bedroom, 18 one-bedroom, and 1 three-bedroom unit.
  • Recently renovated with new above-ground plumbing, electrical systems, and HVAC.
  • All renovations completed with necessary permits.
  • Stable occupancy and strong rental upside potential due to recent improvements.
  • Features coin-operated laundry for added income.
  • Turnkey investment opportunity requiring no significant capital expenditures.

Property Details for 5800 34Th St

Property type
Apartment buildings
Year Built/Renovated
1967/2023
Buildings
3
Units
34

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.5052344
Longitude
-97.61727
5800 34Th St, Oklahoma City, Oklahoma

FAQs

What type of property is this?
Apartment building - 34 Units, Newly Renovated, High Occupancy
Where is the apartment building located?
The property is located at 5800 34Th St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 34-unit multifamily property with a desirable unit mix of 15 two-bedroom, 18 one-bedroom, and 1 three-bedroom unit.; Recently renovated with new above-ground plumbing, electrical systems, and HVAC.; All renovations completed with necessary permits.
How can I contact the broker?
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5800 34Th St
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