This Multifamily Property is no longer advertised on LoopNet.com.

2624 SW 74th St
Oklahoma City, OK 73159
Bella Terra Lofts · Multifamily Property For Sale · 20 Units

Property Facts

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.86 AC
Building Size 14,112 SF
Average Occupancy 95%
No. Stories 2
Year Built 2019
Parking Ratio 0.51/1,000 SF
Zoning SPUD-907

Amenities

Unit Amenities

  • Washer/Dryer
  • Tile Floors
  • Double Vanities
  • Granite Countertops
  • Vaulted Ceiling
  • Stainless Steel Appliances
  • Walk-In Closets

About 2624 SW 74TH ST , OKLAHOMA CITY, OK 73159

Full offering memorandum available on property offering website. Bella Terra is a brand-new construction apartment community built with higher end features to compete in the desirable south Oklahoma City sub-market. Built to fill a void created by fast job growth from recent additions like the new Amazon Fulfillment center, as well as other existing employment opportunities in the area. The units are all two-bedroom two-bathroom townhouses all 975 square feet in size. All units feature large walk-in closets, beautiful double sink vanities in the master bathrooms, and washer/dryer connections. Kitchen are open floor plans with granite countertops, stainless steel appliances and ample storage area. Living areas are connected to the kitchen and have two-story ceiling heights creating a large open layout. Potential investors are allowed to take advantage of the lack of historical numbers and purchase Bella Terra at a discount compared to the stabilized value achieved at the end of a full year operating history. The property was 95% leased within the second month of completion proving the strong demand and upside potential in initial rents.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 20 - 975

Property Taxes

Property Taxes

Parcel Number
144453065
Land Assessment
$12,370
Improvements Assessment
$258,415
Total Assessment
$270,785
  • Listing ID: 18046057

  • Date on Market: 12/27/2019

  • Last Updated:

  • Address: 2624 SW 74th St, Oklahoma City, OK 73159

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