B12 | 1625 NW 12th St
B12 is a 19-unit multifamily property in Oklahoma City offered at $3,300,000 at a 6.75% cap ($222,971 NOI). Built in 2022–2023 with modern, low-maintenance construction, the asset comprises two distinct buildings across a 0.39-acre parcel zoned SPUD. The primary 16-unit building features seven studios, seven one-bedroom/one-bath units, and two two-bedroom/two-bath units with efficient floor plans and covered parking. A complementary three-story structure adds three studio units, each with large private balconies and contemporary architectural styling. The property is stabilized and positioned for strong occupancy performance.
The location on NW 12th Street sits in a dense, transit-accessible neighborhood. Within one mile, 14,569 residents and 6,577 households generate an average income of $94,708, with an average age of 32.9. The three-mile radius expands to 83,167 residents and 37,794 households at $82,064 average income. The trade area benefits from public transportation, metro/subway access, commuter rail, and airport proximity, making it attractive to renters seeking urban convenience without a car dependency.
- 19 units across two modern buildings, built 2022–2023, low-maintenance construction
- Diverse unit mix: 10 studios, 7 one-bedrooms, 2 two-bedrooms
- Three-story companion building with studio units featuring large private balconies
- Strong 1-mile demographics: 14,569 residents, $94,708 average household income, average age 32.9
- Transit-rich location with public transportation, metro/subway, commuter rail, and airport access
- Covered parking and controlled access amenities
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Constructed in 2022 and 2023, this 19-unit multifamily property combines contemporary design with low-maintenance construction and a diverse unit mix designed to attract a wide range of renters. The primary building features 16 thoughtfully designed residences, including seven studio units, seven one-bedroom/one-bath apartments, and two spacious two-bedroom/two-bath units, all offering efficient layouts that maximize comfort and functionality. Covered parking provides an added convenience for residents. Complementing the main building is a striking three-story structure with three studio apartments, each featuring large private balconies, modern architectural styling, and a distinctive exterior design. With its efficient floor plans, attractive amenities, outdoor living spaces, and contemporary construction, this property is well positioned to support strong occupancy and long-term investment performance.