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506 SW 24th St 8 Unit Apartment Building $1,000,000 ($125,000/Unit) 6.01% Cap Rate Oklahoma City, OK 73109



Investment Highlights
- 100% occupied
- 1.5 miles from downtown
- New HVAC in every unit
- New countertops, cabinets, appliances
Executive Summary
100% occupied
Open to Seller Financing
1.5 Miles From Downtown OKC
New Countertops
New Kitchen Cabinets
New Appliances
New HVAC in Every Units
New Exterior Paint
New Fence
New Gutters
Open to Seller Financing
1.5 Miles From Downtown OKC
New Countertops
New Kitchen Cabinets
New Appliances
New HVAC in Every Units
New Exterior Paint
New Fence
New Gutters
Property Facts
| Price | $1,000,000 | Apartment Style | Low-Rise |
| Price Per Unit | $125,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 6.01% | Building Size | 4,326 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1930 |
| Property Subtype | Apartment | Parking Ratio | 2.53/1,000 SF |
| Zoning | I-2 - Light Industrial | ||
| Price | $1,000,000 |
| Price Per Unit | $125,000 |
| Sale Type | Investment |
| Cap Rate | 6.01% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 4,326 SF |
| No. Stories | 2 |
| Year Built | 1930 |
| Parking Ratio | 2.53/1,000 SF |
| Zoning | I-2 - Light Industrial |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 100502750 | Improvements Assessment | $34,503 |
| Land Assessment | $2,341 | Total Assessment | $36,844 |
Property Taxes
Parcel Number
100502750
Land Assessment
$2,341
Improvements Assessment
$34,503
Total Assessment
$36,844
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