2321 Meridian AveOklahoma City, OK 73107

For Sale
$11,140,000
142 Units, High Occupancy, Stable Income

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional Oklahoma City multifamily investment portfolio comprises 142 units spread across 22 buildings, strategically located throughout the city, including addresses in zip codes 73107, 73112, 73114, 73119, and 73162. The portfolio boasts a strong 93% occupancy rate, generating stable rental income from a mix of one, two, and three-bedroom units. The Class C properties are well-maintained and benefit from their prime locations, offering easy access to public transportation, shopping, and recreational areas, enhancing tenant appeal and ensuring consistent demand. The portfolio's established rental income provides a solid foundation for future growth, with opportunities for rent increases in a thriving market. One location features a brand new on-site warehouse and laundry facility. This stabilized investment is priced at $11,140,000 and presents a compelling opportunity for investors seeking a diversified, high-performing multifamily asset in a dynamic urban setting. The portfolio's professional management ensures seamless operations and positive tenant relations, minimizing operational concerns and maximizing returns. This is a rare opportunity to acquire a well-established, high-performing portfolio in a desirable market.

Highlights

  • New on-site warehouse and laundry facilities.
  • High-demand location with convenient access to transit, shopping, and recreation.
  • High occupancy rates and strong tenant satisfaction.
  • Stable income with potential for rent growth.
  • Professionally managed with experienced staff.
  • 142-unit portfolio, competitively priced.

Property Details for 2321 Meridian Ave

Property type
Apartment buildings
Class
C
Buildings
22
Units
142

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.4920494
Longitude
-97.6015509
2321 Meridian Ave, Oklahoma City, Oklahoma

FAQs

What type of property is this?
Apartment building - 142 Units, High Occupancy, Stable Income
Where is the apartment building located?
The property is located at 2321 Meridian Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $11,140,000.
What are key features of this property?
This property features: New on-site warehouse and laundry facilities.; High-demand location with convenient access to transit, shopping, and recreation.; High occupancy rates and strong tenant satisfaction.
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].
2321 Meridian Ave
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