3525 N.W. 50th
Oklahoma City, OK 73120 ·
32 Units · Multifamily For Sale
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%|
|Listing ID: 15684552||Date Created: 04/28/2008||Last Updated: 11/23/2009|
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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