Josie Circle: Oklahoma City BTR Josie Circle 6 Unit Apartment Building $1,599,000 ($266,500/Unit) 5.88% Cap Rate Midwest City, OK 73130

Josie Circle Duplex Development
Investment Opportunity | Oklahoma City, Oklahoma
Property Overview
The Josie Circle Duplex Development offers a premier new construction multifamily investment in the rapidly growing Choctaw/Northeast Oklahoma City corridor, located just over two miles from Tinker Air Force Base. Positioned within the sought-after Choctaw–Nicoma Park School District, this development benefits from strong rental demand, an expanding workforce, and the nearby 131-acre Tinker AFB expansion, projected to bring more than 1,000 new jobs to the area

Offering Summary
Total Asking Price: $1,649,000
Phase One: 3 duplexes (6 total doors) — 2803–2813 Josie Circle
Location: Oklahoma City, OK 73130
Unit Mix: 4 Bed / 2 Bath / 2-Car Garage per side
Building Size: 1,814 SF per side (3,628 SF per duplex)
Construction: 2025 new build, completed and rent-ready
Lease Rates: $1,800–$2,200/month per side
Occupancy: Mix of occupied and pending applications
Each unit features modern design and durable finishes, including open-concept layouts, luxury vinyl flooring, laundry rooms, and updated countertops. With immediate leasing momentum and proximity to major employment centers, the Josie Circle Duplexes provide strong cash flow and long-term appreciation potential.

Expansion Potential
The developer holds 15 additional build-ready lots in the same subdivision, offering the opportunity to expand the community to a total of 36 doors. Construction on remaining units can be completed in approximately 6–9 months from contract, allowing investors to scale their portfolio efficiently.
.
$1,649,000 for 3 duplexes / 6 total doors
Investment Summary
With modern construction, reliable tenants, and scalable growth potential, Josie Circle represents a rare opportunity to acquire a stabilized, cash-flowing first phase in one of Oklahoma’s most active and rapidly developing submarkets.