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B12 1625 NW 12th St 16 Unit Apartment Building $3,300,000 ($206,250/Unit) 6.27% Cap Rate Oklahoma City, OK 73106



Investment Highlights
- 19 total units across two modern buildings (built 2022–2023) with low-maintenance construction
- Three-story companion building with 3 studio units featuring large private balconies
- Primary building unit mix: 7 studios, 7 one-bed/one-bath, 2 two bed/two-bath
Executive Summary
Built in 2023 and 2022, this 19-unit multifamily offering pairs a wellbalanced unit mix with modern, low-maintenance construction across a highly functional layout. The primary building features 16 units—seven studios, seven one-bedroom/one-bath units, and two spacious twobedroom/two-bath units—with efficient, attractive floorplans that maximize livability, plus covered parking as a valuable resident amenity. Complementing it, a striking three-story building delivers three studio units distinguished by large private balconies, clean architectural lines, and a standout modern exterior. Together, the contemporary design, efficient layouts, outdoor living space, and diverse unit mix position this portfolio for stable occupancy and long-term performance.
Property Facts
| Price | $3,300,000 | Apartment Style | Low-Rise |
| Price Per Unit | $206,250 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.39 AC |
| Cap Rate | 6.27% | Building Size | 15,000 SF |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | ||
| Zoning | SPUD | ||
| Price | $3,300,000 |
| Price Per Unit | $206,250 |
| Sale Type | Investment |
| Cap Rate | 6.27% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.39 AC |
| Building Size | 15,000 SF |
| No. Stories | 2 |
| Year Built | 2024 |
| Zoning | SPUD |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | - | 600 |
| 1+1 | 7 | - | 700 |
| 2+2 | 2 | - | 1,024 |
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 061907410 | Improvements Assessment | $198,959 |
| Land Assessment | $10,241 | Total Assessment | $209,200 |
Property Taxes
Parcel Number
061907410
Land Assessment
$10,241
Improvements Assessment
$198,959
Total Assessment
$209,200
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Contact the Sale Advisor
B12 | 1625 NW 12th St

