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- LoopNet Team
616 SW 59th St
Oklahoma City, OK 73109
South Shore Apartments · Multifamily Property For Sale
·
68 Units
Investment Highlights
- Well-maintained 1960s-vintage asset
- Only minutes away from the newly opened Amazon fulfillment center
- Oklahoma City is home to the lowest electric retail price in the nation
- Substantial rent upside, currently $130 per unit below competitors
- Convenient access to major arterials including I-44, I-240 and I-35, providing quick access to anywhere in Oklahoma City
Property Facts
| No. Units | 68 | Building Size | 57,936 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1963 |
| Building Class | C | Parking Ratio | 2.16/1,000 SF |
| Lot Size | 2.83 AC | ||
| Zoning | R-4 - Greater density residential | ||
| No. Units | 68 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.83 AC |
| Building Size | 57,936 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 2.16/1,000 SF |
| Zoning | R-4 - Greater density residential |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Ceiling Fans
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
About 616 SW 59TH ST , OKLAHOMA CITY, OK 73109
South Shore is a newly remodeled 68-unit apartment community located in Oklahoma City, OK. Built in 1963 and situated on 2.86 acres, the property is comprised of eight two-story apartment buildings of masonry construction. Units offer newer black kitchen appliances, vinyl plank flooring, new carpeting, tiled showers / baths, and neutral paint. The unit mix is varied and consists of studio, one-, and two-bedroom units, with an overall average of 593 square feet each. Residents enjoy easy access to the Interstate 240 and 35 interchange; the property is also within walking distance to numerous conveniences, parks, and schools.
Property Taxes
| Parcel Number | 109762075 | Improvements Assessment | $260,684 |
| Land Assessment | $13,690 | Total Assessment | $274,374 |
Property Taxes
