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Rockwell Gardens 1300-1320 N Rockwell Ave 30 Unit Apartment Building $2,600,000 ($86,667/Unit) Oklahoma City, OK 73127
INVESTMENT HIGHLIGHTS
- 2-Story Units; Condo/Townhome Style
- Value-Add Opportunity
- Washer & Dryer Hook-Ups
- Automatic 2 Car Garage for Each Unit
- Rent Growth Opportunity
- HOA or Condo Conversion Potential
EXECUTIVE SUMMARY
Introducing an exceptional investment opportunity for multifamily investors in the thriving Oklahoma City area. This impressive property includes 30 units across three buildings, totaling 48,016 square feet, with potential for increased income by adjusting modest rents to market level. Of the 30 units, 29 are spacious 2-bedroom, 2-bath layouts, each offering the rare amenity of a two-car garage. Additional highlights include a large central courtyard with shared access from individual tenant units. Uniquely, all rental units are owned by a single owner but titled as individual condominiums—allowing future resale flexibility. This uncommon value-add structure supports promising exit strategies, while the expanding Oklahoma City metro provides a strong foundation for long-term success. The property’s substantial size, consistent unit mix, and distinctive features present an outstanding opportunity to establish a profitable, sustainable investment in one of Oklahoma’s most dynamic real estate markets.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
PROPERTY FACTS
| Price | $2,600,000 | Building Class | C |
| Price Per Unit | $86,667 | Lot Size | 1.60 AC |
| Sale Type | Investment | Building Size | 48,016 SF |
| No. Units | 30 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1983 |
| Property Subtype | Apartment | Parking Ratio | 1.25/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-4 - General Residential | ||
| Price | $2,600,000 |
| Price Per Unit | $86,667 |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.60 AC |
| Building Size | 48,016 SF |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | R-4 - General Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
SITE AMENITIES
- Courtyard
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 30 | - | - |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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