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1216 N Blackwelder Anx 16 Unit Apartment Building $3,450,000 ($215,625/Unit) 6.46% Cap Rate Oklahoma City, OK 73106
Investment Highlights
- Built in 2023 / renovated 2021 – modern construction with minimal maintenance
- Diverse residential mix: 3 bed/2 bath, 2 bed/2 bath, 2 bed/1 bath, and one-bedroom units
- 16-unit mixed-use asset with nine live/work units featuring large glass garage doors and direct street access
Property Facts
| Price | $3,450,000 | Apartment Style | Low-Rise |
| Price Per Unit | $215,625 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.32 AC |
| Cap Rate | 6.46% | Building Size | 8,200 SF |
| No. Units | 16 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment | ||
| Zoning | SPUD - Live/work, Retail sales and services, Administrative Professional Offices, Residential | ||
| Price | $3,450,000 |
| Price Per Unit | $215,625 |
| Sale Type | Investment |
| Cap Rate | 6.46% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 8,200 SF |
| No. Stories | 3 |
| Year Built | 2022 |
| Zoning | SPUD - Live/work, Retail sales and services, Administrative Professional Offices, Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 1,000 - 1,200 |
| 3+2 | 1 | - | - |
| 2+2 | 1 | - | - |
| 2+1 | 1 | - | - |
| Studios | 5 | - | - |
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $109,195 | |
| Land Assessment | $6,414 | Total Assessment | $115,609 |
Property Taxes
Parcel Numbers
Land Assessment
$6,414
Improvements Assessment
$109,195
Total Assessment
$115,609
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1216 N Blackwelder Anx
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