Property Listing No Longer Available for Sale

520 N Rockwell Ave, Oklahoma City, OK

Multi-family for Sale - $2,399,000 - 47,478 Sq. Ft. on 2.52 acres


Property Info

CIMLS#914377
Location
  520 N Rockwell Ave
  Oklahoma City OK 73127
UpdatedSeptember 11th, 2017
TypeMulti-family
Price$2,399,000
Building47,478 Sq. Ft.
Land2.52 acres

Property Description

SVN Land Run is pleased to present a 61 Unit Multifamily property in west

Oklahoma City for $2,399,000.

The Rockwell Terrace Apartments is a well-positioned 61-unit investment

opportunity in the Oklahoma City market.

The property features large floor plans with washer and dryer hook-ups in

every unit. It has a great mix of 1-bed and 2-bed apartment floorplans with

great access to major employers, shopping, and entertainment.

Rockwell Terrace is a quiet apartment community located in Oklahoma City,

the largest city in the state of Oklahoma.

Rockwell Terrace is just off Interstate 40 which gives tenants direct access to

downtown Oklahoma City as well as major employers such as Integris

Health, PayCom, Hobby Lobby, Terex and Xerox.

Location Description:

Located in West OKC just off I-40 and Rockwell Ave.

Highlights:

>> Great Investment Property

>> Strong Tenant Profile with excellent upside on rents

>> Unit Mix (21) One Bed Units and (40) Two Bed Units

>> 100% Occupancy Rate

>> Located near major employers

* Email for additional photos


Financials

Sales Info:

>> Cap rate: 9.8%

>> Commision split: 2.0%

>> NOI: $236040