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Vintage 2037 NW 26th St 66 Unit Apartment Building $3,800,000 ($57,576/Unit) Oklahoma City, OK 73106
EXECUTIVE SUMMARY
Situated in the heart of the Central Oklahoma City submarket, The Vintage Apartments offers an ideal blend of urban convenience and suburban tranquility. With the site being within minutes of many big retailers, Oklahoma City University (OCU), and other shopping and eating districts, this location is hard to beat. Purchased in 2021, current ownership has successfully improved the property and its performance at a high level. The Vintage Apartments provides tenants the option between 1 Bed and 2 Bed units. The Vintage Apartments offers a unique opportunity to acquire 66 units in a growth area around OCU, that has seen millions of dollars invested into it. Oklahoma City has proven to be one of the most consistent real estate markets over the last few years and with a strong economy and business/investor friendly laws, the city has become the 20th largest city in the US based on population.
PROPERTY FACTS
| Price | $3,800,000 | Building Class | C |
| Price Per Unit | $57,576 | Lot Size | 1.21 AC |
| Sale Type | Investment | Building Size | 39,984 SF |
| No. Units | 66 | Average Occupancy | 97% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1953 |
| Apartment Style | Low-Rise | Parking Ratio | 1.75/1,000 SF |
| Zoning | R-1 | ||
| Price | $3,800,000 |
| Price Per Unit | $57,576 |
| Sale Type | Investment |
| No. Units | 66 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.21 AC |
| Building Size | 39,984 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 1.75/1,000 SF |
| Zoning | R-1 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Laundry Service
- Walking/Biking Trails
- Storage Space
- Public Transportation
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 62 | - | 500 - 525 |
| 2+1 | 4 | - | 600 |
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 052357400 | Improvements Assessment | $326,374 |
| Land Assessment | $23,100 | Total Assessment | $349,474 |
PROPERTY TAXES
Parcel Number
052357400
Land Assessment
$23,100
Improvements Assessment
$326,374
Total Assessment
$349,474
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