35-Unit Multifamily Portfolio
35-Unit Multifamily Portfolio in Oklahoma City's Plaza District, offered at $6,700,000 at a 6.55% cap. The four-building portfolio comprises 37,751 SF of newly constructed and recently renovated apartments across 35 units, maintaining a strong 97% occupancy rate and generating immediate in-place cash flow. Nine units are configured as live/work spaces, serving entrepreneurs and small business owners seeking integrated residential and workspace.
Built in 2022 and situated on 0.93 acres at 1216 N Blackwelder Avenue, the portfolio benefits from a contiguous layout that streamlines operations and tenant management. The units feature modern construction, contemporary finishes, tall ceilings, and open floor plans designed to attract and retain quality tenants. The diverse unit mix—combining standard apartments with flexible live/work offerings—supports stable, diversified income and reduces vacancy risk.
The Plaza District location positions the asset in one of Oklahoma City's most desirable urban neighborhoods, with strong fundamentals supporting continued appreciation and long-term value growth.
- 35 units across four contiguous buildings; 97% occupancy
- Nine live/work units for entrepreneurs and small business owners
- Built 2022; modern finishes, tall ceilings, open floor plans
- Strong in-place cash flow; diverse unit mix reduces vacancy risk
- Plaza District location; positioned for continued appreciation
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Total: 4Location
This exceptional 35-unit multifamily portfolio offers a unique investment opportunity in the thriving Plaza District area of Oklahoma City. Comprised of newly constructed and recently renovated properties, the portfolio maintains an impressive 97% occupancy rate, providing strong in-place income and immediate cash flow. The contiguous layout of the assets enhances operational efficiency, while nine live/work units cater to entrepreneurs and small business owners seeking flexible residential and workspace options. Featuring modern construction, contemporary finishes, tall ceilings, and open floor plans, the portfolio is designed to attract and retain high-quality tenants. Its diverse unit mix promotes stable income, and its location in one of Oklahoma City’s most sought-after urban neighborhoods positions the investment for continued appreciation and long-term growth.