Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

735 NW 30th St 12 Unit Apartment Building $2,375,000 ($197,917/Unit) 4.34% Cap Rate Oklahoma City, OK 73118

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 12 Unit Complex 90% Occupied
  • Turnkey Units
  • Walking Distance to Paseo District

EXECUTIVE SUMMARY

Presenting an exceptional opportunity to acquire a fully renovated 12-unit multifamily asset strategically positioned in Oklahoma City’s highly desirable Paseo Arts District. This property comprises twelve (12) one-bedroom units, each tastefully updated to modern standards and delivering immediate cash flow with minimal deferred maintenance. Currently 90% leased, the property offers stabilized income with additional upside potential through market rent growth or implementation of short-term rental strategies. Each unit features dedicated in-unit laundry, enhancing tenant appeal and supporting premium rents. The property benefits from ample off-street parking for all residents, a significant advantage in this urban infill location. Walkability is a key selling point, with tenants enjoying immediate access to the Paseo Arts District’s vibrant mix of dining, shopping, and nightlife destinations. The site offers excellent street visibility and curb appeal, supporting long-term occupancy and rent growth. Notable capital improvements include a new roof installed in 2019, reducing near-term capital expenditure requirements for investors. With strong demand from young professionals and proximity to major highways, this asset is well positioned to deliver durable cash flow and long-term value appreciation. Financials and rent roll available with executed non-disclosure agreement.

PROPERTY FACTS

Price $2,375,000
Price Per Unit $197,917
Sale Type Investment
Cap Rate 4.34%
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.32 AC
Building Size 11,520 SF
Average Occupancy 90%
No. Stories 2
Year Built 1974
Parking Ratio 1.56/1,000 SF
Zoning R-4

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Kitchen
  • Oven
  • Range

SITE AMENITIES

  • Laundry Facilities
  • Trash Pickup - Curbside

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 - 711
2+2 4 - 1,010
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
048527825
Land Assessment
$10,780
Improvements Assessment
$99,318
Total Assessment
$110,098
  • Listing ID: 36631708

  • Date on Market: 7/7/2025

  • Last Updated:

  • Address: 735 NW 30th St, Oklahoma City, OK 73118

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}