This property is Off-Market

3525 N.W. 50th
Oklahoma City, OK 73120 ·

32 Units · Multifamily For Sale

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El Greco Apartments & 4 Plexes

Price N/A Property Use Type Investment
No. Units 32 Commission Split 2.25%
Building Size 29,754 SF Cap Rate 8.60%
Property Type Multifamily Occupancy 85%
Property Sub-type Garden/Low-Rise
Listing ID: 15684552 Date Created: 04/28/2008 Last Updated: 11/23/2009

Description

32 Units available on busy N.W. 50th street between Baptist Hospital and Deaconess Hospital. 16 units in El Greco Apartments and another 20 units next door located in 4 4plexes. All units two bed/one bath. Busy location near highway access and easy commute anywhere in the Metro area. 9 units with washer/dryer hook ups, many cosmetic updates, pitched roofs, presently converting hot water tanks to electric as they are replaced. Currently 3 burnt units that are being made ready at present time. Upside in getting these units rented and income producing and increasing rents to market.

Great location just West of Lake Hefner Parkway and South of NW Expressway on the North side of 50th. Two other complexes in the area getting ready to hit the market, ask about details!

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3525 N.W. 50th, Oklahoma City, OK 73120 (Oklahoma County)

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