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711 N Douglas Ave 4 Unit Apartment Building $599,999 ($150,000/Unit) 8.16% Cap Rate Oklahoma City, OK 73106
Executive Summary
PRICE REDUCTION, MOTIVATED SELLER! A mixed-use luxury residential/office investment opportunity featuring four fully furnished units with several monthly tenants and one unit for short term-airbnb rentals. Perfect space for production studio rentals, office leases, photography studios, small beauty consultant businesses, residential rentals - traditional tenants or short term airbnb/vrbo stays. The location boasts an excellent downtown presence and is easily accessible from all directions.
Property Facts
| Price | $599,999 | Apartment Style | Low-Rise |
| Price Per Unit | $150,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 8.16% | Building Size | 2,560 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2020 |
| Property Subtype | Apartment | Parking Ratio | 1.56/1,000 SF |
| Zoning | SPUD-969 - Simplified Planned Unit Development | ||
| Price | $599,999 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| Cap Rate | 8.16% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,560 SF |
| No. Stories | 1 |
| Year Built | 2020 |
| Parking Ratio | 1.56/1,000 SF |
| Zoning | SPUD-969 - Simplified Planned Unit Development |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Eat-in Kitchen
- Kitchen
- Vaulted Ceiling
- Refrigerator
- Oven
- Tub/Shower
- Walk-In Closets
- Dining Room
- Lawn
- Office
- Pantry
- Patio
- Wheelchair Accessible (Rooms)
Site Amenities
- Controlled Access
- Courtyard
- Fenced Lot
- Laundry Facilities
- Picnic Area
- Security System
- Pet Washing Station
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 640 |
1 1
Bike Score®
Very Bikeable (82)
Property Taxes
| Parcel Number | 016086200 | Improvements Assessment | $70,367 |
| Land Assessment | $2,123 | Total Assessment | $72,490 |
Property Taxes
Parcel Number
016086200
Land Assessment
$2,123
Improvements Assessment
$70,367
Total Assessment
$72,490
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711 N Douglas Ave
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