5418 N Meridian Ave
Oklahoma City, OK 73112
Vines at Meridian · Multifamily Property For Sale
·
98 Units
Property Facts
| No. Units | 98 | Building Size | 87,060 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1975/1995 |
| Building Class | C | Parking Ratio | 2.41/1,000 SF |
| Lot Size | 4.74 AC | ||
| Zoning | R-4 | ||
| No. Units | 98 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.74 AC |
| Building Size | 87,060 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built/Renovated | 1975/1995 |
| Parking Ratio | 2.41/1,000 SF |
| Zoning | R-4 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Washer/Dryer Hookup
- Heating
- Security System
- Ceiling Fans
- Tile Floors
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Yard
- Freezer
- Patio
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Picnic Area
- Pool
- Property Manager on Site
- Waterfront
- Walking/Biking Trails
- Maintenance on site
- Online Services
- Walk-Up
- Smoke Detector
About 5418 N MERIDIAN AVE , OKLAHOMA CITY, OK 73112
Price Edwards & Company has been retained as the exclusive listing agent for the sale of Villas on Meridian, a garden style apartment community located in northwest Oklahoma City. Built in 1975, each unit of Villas on Meridian is parceled individually as condominiums. This offers the buyer the ability to sell units individually or continue to operate them as one property. The property has been well maintained, but as described in this package, has tremendous upside in upgrades through a planned renovation. With large floor plans, the property has an average unit size of 833 square feet and unit styles ranging from efficiency to three bedroom units. The property has townhouse style units and has select units with backyards, making it attractive for families or even potential to sell as condos.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | $445.00 | 350 |
| 1+1 | 12 | $537.00 | 560 - 680 |
| 1+2 | 18 | $554.00 | 700 |
| 2+2 | 63 | $700.50 | 850 - 1,120 |
| 3+2 | 2 | $762.50 | 1,115 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $10,564 | |
| Land Assessment | $384 | Total Assessment | $10,948 |
Property Taxes
