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Browse More Listings in Multifamily For Sale, Oklahoma City, OK or Oklahoma

Multifamily Property For Sale

El Greco Apartments & 4 Plexes

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

Price:
$1,250,000
No. Units:
32
Building Size:
29,754 SF
Price/Unit:
$39,062.50
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2.25%
Cap Rate:
8.60%
Occupancy:
85%
Find Out More...

Last Verified 10/19/2009 Listing ID 15684552

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!

Financial Summary

Actual
Net Operating Income
$107,500

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

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Paradigm AdvantEdge

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Contact Listing Broker

Debbie Naifeh (405) 659-9439

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Created 4/28/2008

Additional Information for 3525 Nw 50th Street, Oklahoma City, OK 73112

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - El Greco Apartments & 4 Plexes

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