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200 NE 14th St
Oklahoma City, OK 73104
Multifamily Property For Sale
·
14 Units
Executive Summary
The Walnut Apartments 200 NE 14th | Oklahoma City
The Walnut Apartments offer a fully renovated, stabilized multifamily asset in one of Oklahoma City’s most compelling infill locations.
The property has been modernized throughout, featuring:
Durable Dura-Roof rubber roofing system
Energy-efficient vinyl windows
Keypad-controlled access
All-electric mechanical systems
On-site laundry facility
Ample on-site parking
Location Advantage
Positioned within walking distance of the OU Health & Sciences Center, a major employment hub with 20,000+ high-income professionals, the property benefits from consistent rental demand driven by medical, research, and institutional employment.
Unique Market Position. The Walnut Apartments are the only multifamily property within a surrounding neighborhood of single-family homes valued between $700,000 and $1.3 million.
This creates:
A high barrier to entry
Strong tenant profile potential
Long-term appreciation upside tied to surrounding home values
Investment Profile
The property is in excellent condition and requires no immediate capital improvements, offering a true turnkey investment without the typical repositioning risk.
The Walnut Apartments offer a fully renovated, stabilized multifamily asset in one of Oklahoma City’s most compelling infill locations.
The property has been modernized throughout, featuring:
Durable Dura-Roof rubber roofing system
Energy-efficient vinyl windows
Keypad-controlled access
All-electric mechanical systems
On-site laundry facility
Ample on-site parking
Location Advantage
Positioned within walking distance of the OU Health & Sciences Center, a major employment hub with 20,000+ high-income professionals, the property benefits from consistent rental demand driven by medical, research, and institutional employment.
Unique Market Position. The Walnut Apartments are the only multifamily property within a surrounding neighborhood of single-family homes valued between $700,000 and $1.3 million.
This creates:
A high barrier to entry
Strong tenant profile potential
Long-term appreciation upside tied to surrounding home values
Investment Profile
The property is in excellent condition and requires no immediate capital improvements, offering a true turnkey investment without the typical repositioning risk.
Property Facts Under Contract
| Price Per Unit | $71,357 | Lot Size | 0.27 AC |
| Sale Type | Investment | Building Size | 9,972 SF |
| Cap Rate | 9.60% | Average Occupancy | 100% |
| No. Units | 14 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1923/2015 |
| Property Subtype | Apartment | Parking Ratio | 1.3/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R-1 | ||
| Price Per Unit | $71,357 |
| Sale Type | Investment |
| Cap Rate | 9.60% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 9,972 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1923/2015 |
| Parking Ratio | 1.3/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-1 |
Amenities
Site Amenities
- Laundry Facilities
- Storage Space
- Zen Garden
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $795.00 | 600 |
| 2+1 | 8 | $895.00 | 900 |
Property Taxes
| Parcel Number | 034271365 | Improvements Assessment | $25,659 |
| Land Assessment | $2,409 | Total Assessment | $28,068 |
Property Taxes
Parcel Number
034271365
Land Assessment
$2,409
Improvements Assessment
$25,659
Total Assessment
$28,068
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200 NE 14th St