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Mesta Park 8 Plex 515 NW 20th St 8 Unit Apartment Building $1,125,000 ($140,625/Unit) Oklahoma City, OK 73103



EXECUTIVE SUMMARY
Amazing 8 unit Brownstone nestled in the heart of University Addition near the Paseo and Mesta Park Community. This super 1 bed 1 bath apartment has beautiful hardwood floors, mock fireplace, formal dining area, spacious kitchen with a new floor and much more! Large closet in master bedroom plus additional built-in-storage. Free laundry in the basement for residents plus a bonus storage closet 4x6 in basement for each resident. In walking distance to the park, amazing fine dining, and shopping in the Uptown 23rd Street District and Midtown District. Covered parking available for an extra fee. TPO Roof replaced and gutters in 2018, the Guard sub floor drainage system installed in 2020-2021. Two AC systems replaced recently. Long term and monthly rentals allowed. Call for your tour today!Calling all investors. Mixed use minimum 30 day rentals on 2 of the units that are furnished. 6 Standard 1 year leases. Please look at Cash Flow Statements and rent rolls provided. The two furnished units #1 and #4 are monthly rentals and did $25,796 for both units over last 12 months (short term rental less than 30 days is no longer allowed there although they could apply for a permit). The furnished rental income is not included on the cashflow statements they are managed by owner. Please provide proof of funds for tours.
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- Market Information
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PROPERTY FACTS
| Price | $1,125,000 | Building Class | C |
| Price Per Unit | $140,625 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 6,400 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1932 |
| Property Subtype | Apartment | Parking Ratio | 1.25/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | Commercial | ||
| Price | $1,125,000 |
| Price Per Unit | $140,625 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 6,400 SF |
| No. Stories | 2 |
| Year Built | 1932 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | Commercial |
AMENITIES
UNIT AMENITIES
- Ceiling Fans
- Hardwood Floors
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 045003204 | Improvements Assessment | $97,379 |
| Land Assessment | $5,878 | Total Assessment | $103,257 |
PROPERTY TAXES
Parcel Number
045003204
Land Assessment
$5,878
Improvements Assessment
$97,379
Total Assessment
$103,257
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Mesta Park 8 Plex | 515 NW 20th St
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