Spoke Street Apts | 1700 & 1701 Spoke Street 1700 Spoke St 6,037 SF 88% Leased Office Building Oklahoma City, OK 73108 $1,998,950 ($331.12/SF) 6.78% Cap Rate

There are properties that hold tenants, and then there are properties that hold a place in a neighborhood's story. Spoke Street Apartments is the latter.
Situated in Oklahoma City's Wheeler District — one of the city's most actively evolving urban neighborhoods — this brand-new construction mixed-use portfolio offers immediate cash flow, ground-floor commercial income on both buildings, and a location that only gets more valuable with time.
Offered together as a paired investment, 1700 and 1701 Spoke Street comprise a cohesive mixed-use community with a combined unit mix of one- and two-bedroom apartment homes alongside street-level commercial suites in each building, currently occupied by active tenants. Residential floor plans range from an efficient 536 sq ft one-bedroom to a spacious 1,073 sq ft two-bedroom. Every unit is finished with polished concrete or white oak wood floors, quartz countertops, tile showers, open floor plans, LED lighting, and major appliances. Select units offer balconies with downtown views. Both buildings are pet-friendly, no-smoking, and designed to attract and retain quality tenants.
The Wheeler District was master-planned around walkability, mixed use, and community — and it delivers. Residents step outside to restaurants, retail, fitness studios, and the iconic Wheeler Ferris Wheel, visible right from the property. The Big Friendly brewery is steps away on Spoke Street itself. Taco Nation, AKAI Sushi-Ya, Park Grounds, Stitch Cafe, and The Paramount are all within easy reach. Dog-friendly paths, a community pool, and seamless access to downtown OKC complete the picture. This is a neighborhood people choose intentionally — and that's exactly who rents here.
New construction means minimal deferred maintenance across both assets. The mixed-use structure on each building means diversified income from day one. Acquiring the pair together provides economies of scale in management and operations, and consolidates ownership of a full city-block presence in one of OKC's highest-trajectory neighborhoods. Very few opportunities in this market offer this combination of scale, quality, and location.
Visit https://www.spokestreetokc.com/ for more information about this opportunity.
Property Details Summary
Address: 1700 & 1701 Spoke Street, Oklahoma City, OK 73108
Neighborhood: Wheeler District, Oklahoma City
Construction: Brand new
Use Type: Mixed-use residential and commercial
Residential Unit Mix: 1-bedroom (536 sq ft), 1-bedroom/1-bath (703 sq ft), 2-bedroom/1.5-bath (1,070 sq ft)
Commercial: Street-level retail/commercial suites
Interior Finishes: Polished concrete floors (ground level), white oak wood floors (second level), carpeted bedrooms, quartz countertops, tile showers, open floor plans, LED lighting, major appliances included
Select Units: Balcony with city views
Community Features: Pool, walkable neighborhood, dog-friendly paths, covered mail room, proximity to Wheeler Ferris Wheel
Pet Policy: Pet-friendly
Parking/Access: Central OKC location with easy downtown access