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Prime Investment Opportunity 2 Properties Offered at $1,200,000 in Oklahoma City, OK


Investment Highlights
- Income-producing apartment complex with an additional 1,152 SF home, offering diversified revenue streams.
- Newer modified roofing system, 6 renovated units, 3 updated heating systems, and 4 newer A/C units.
- Spacious 2 bed / 1.5 bath units (~1,036 SF each) with 10 covered carports plus additional parking.
- Section 8 leases in place for consistent income, with further upside potential and possible owner financing available.
Executive Summary
Prime Investment Opportunity! Income-producing 12-unit apartment complex plus an additional 1,152 sq. ft. single-family home, offering both stability and upside potential. Apartments include 10 carports plus additional parking. The property consists of three buildings with a newer modified roofing system and multiple recent upgrades. Improvements include 6 renovated units, 3 updated heating systems, and 4 newer A/C units. Covered parking for 10 vehicles adds extra tenant appeal. Three units are currently leased through Section 8, providing reliable income. Each unit features a spacious 2-bedroom, 1.5-bath layout (approx. 1,036 sq. ft.). Excellent value-add opportunity with room to grow and possible owner financing available.
Property Facts
| Price | $1,200,000 | Number of Properties | 2 |
| Price / SF | $81.84 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 14,662 SF |
| Status | Active | Total Land Area | 0.65 AC |
| Price | $1,200,000 |
| Price / SF | $81.84 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 14,662 SF |
| Total Land Area | 0.65 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
El Placio
3815 NW 23rd St, Oklahoma City, OK 73107 |
Multifamily | 13,510 SF | 1969 | - |
| 3821 NW 23rd St, Oklahoma City, OK 73107 | Specialty | 1,152 SF | 1940 | - |
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