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Investment Highlights

  • New Construction 8-Unit Multifamily Investment
  • Eight 2 Bed / 2.5 Bath Units
  • Quartz Countertops & Stainless Appliances
  • Four Duplex Buildings with Attached Garages
  • ±1,120 SF Per Unit
  • Spray Foam Insulation & Energy Efficient Construction

Executive Summary

Exceptional new construction 8-unit multifamily investment opportunity in the heart of Claremore. This boutique property features four duplex-style buildings totaling eight spacious 2-bedroom, 2.5-bath units, each offering approximately 1,120 SF with attached garages, premium finishes, open-concept layouts, quartz countertops, stainless steel appliances, spray foam insulation, and low-maintenance construction. Designed to appeal to quality long-term tenants, each unit includes ensuite bathrooms, in-unit laundry, modern energy-efficient systems, and private garage parking.
Located in Old Town Claremore with convenient access to retail, dining, employment, and commuter routes, the property offers investors a rare combination of new construction stability, strong tenant appeal, and long-term appreciation potential. With minimal deferred maintenance, attractive design, and premium rental positioning, this asset presents an ideal opportunity for investors seeking stabilized yield with value-add upside through lease-up and rent optimization.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,800,000
Price Per Unit $225,000
Sale Type Investment
Cap Rate 6.50%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 1.25 AC
Construction Status Under Construction
Building Size 8,960 SF
Average Occupancy 0%
No. Stories 2
Year Built 2026
Parking Ratio 0.11/1,000 SF
Zoning OT - Old Town District

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Crown Molding
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Lawn
  • Quartz Countertops

Site Amenities

  • Individual Locking Bedrooms
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2.5 8 $1,650 1,120
Fairly walkable
50/100
Very drivable
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
660008792
Land Assessment
$3,904 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$3,904 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
  • Listing ID: 40772222

  • Date on Market: 6/3/2026

  • Last Updated:

  • Address: 718 N Weenonah Ave, Claremore, OK 74017

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