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1300-1308 NW 11th St 5 Unit Apartment Building $2,979,185 CAD ($595,837 CAD/Unit) 5.45% Cap Rate Oklahoma City, OK 73106
Investment Highlights
- Five newly constructed homes designed with modern finishes and three-story layouts.
- Interiors include three bedrooms, 2.5 baths, and an optional fourth bedroom for adaptable living.
- Live-work flexibility supports multiple occupancy and income strategies, including short-term rentals.
- Each unit offers a two-car attached garage and private outdoor terrace for added convenience.
- Located near the Plaza District and Downtown Oklahoma City with quick access to urban amenities.
- Area positioned for appreciation, benefiting from strong development and revitalization trends.
Executive Summary
Rare 5-unit new construction portfolio opportunity located just south of the Plaza District in an emerging urban infill location.
The offering consists of five modern 3-story homes that can be purchased individually or as a complete portfolio. Each unit features 3 bedrooms, 2.5 baths, flexible live-work space, and an attached 2-car garage.
The property is well-suited for a variety of rental strategies including long-term, mid-term (corporate / traveling professionals), or short-term rental use, offering operational flexibility to investors.
Long-term rental projections place the asset at a stabilized mid-5% cap rate, with additional upside potential through alternative rental strategies.
Located minutes from Downtown Oklahoma City, the property sits in the path of continued growth as development expands outward from the Plaza District, supporting long-term appreciation potential.
Portfolio pricing may be available for bulk purchase.
The offering consists of five modern 3-story homes that can be purchased individually or as a complete portfolio. Each unit features 3 bedrooms, 2.5 baths, flexible live-work space, and an attached 2-car garage.
The property is well-suited for a variety of rental strategies including long-term, mid-term (corporate / traveling professionals), or short-term rental use, offering operational flexibility to investors.
Long-term rental projections place the asset at a stabilized mid-5% cap rate, with additional upside potential through alternative rental strategies.
Located minutes from Downtown Oklahoma City, the property sits in the path of continued growth as development expands outward from the Plaza District, supporting long-term appreciation potential.
Portfolio pricing may be available for bulk purchase.
Property Facts
| Price | $2,979,185 CAD | Apartment Style | Garden |
| Price Per Unit | $595,837 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.31 AC |
| Cap Rate | 5.45% | Building Size | 10,250 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment |
| Price | $2,979,185 CAD |
| Price Per Unit | $595,837 CAD |
| Sale Type | Investment |
| Cap Rate | 5.45% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 10,250 SF |
| No. Stories | 3 |
| Year Built | 2024 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Washer/Dryer Hookup
- Ceiling Fans
- Tile Floors
- Double Vanities
- Kitchen
- Granite Countertops
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Wi-Fi
- Yard
- Deck
- Dining Room
- Island Kitchen
- Lawn
- Office
- Patio
- Porch
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 5 | - | 2,050 |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $33,896 CAD | Total Assessment | $33,896 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$33,896 CAD
Improvements Assessment
$0 CAD
Total Assessment
$33,896 CAD
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1300-1308 NW 11th St
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