68 Units - SMG Apartments 3 Multifamily Properties Offered at $10,563,600 CAD in Oklahoma City, OK

Moreau Property Advisors is pleased to present the exclusive opportunity to acquire a 68-unit multifamily portfolio located in the rapidly growing Oklahoma City market. The portfolio consists of three separately positioned assets: The Heights Apartment Complex, Las Villas on Penn Ave, and Meridian Apartments. Collectively, the properties provide a diverse mix of stabilized workforce housing assets with significant recent capital improvements, strong in-place occupancy, and attractive operational upside.
The portfolio contains a total of 68 units across approximately 56,802 square feet of improvements situated on approximately 2.67 acres plus additional development land at Meridian Apartments.
The assets are strategically positioned within established infill corridors of Oklahoma City with direct access to major employment centers, retail corridors, transportation routes, and population density drivers. All three properties benefit from strong surrounding demographics, increasing rental demand, and limited affordable housing inventory within their respective submarkets.
Collectively, the portfolio offers investors a rare opportunity to acquire a recently renovated, fully stabilized multifamily portfolio in one of Oklahoma’s strongest and most active metropolitan markets. The combination of renovated physical improvements, stable occupancy, diversified unit mix, and workforce-oriented rental pricing creates an attractive investment profile for both private and institutional buyers seeking immediate cash flow with future appreciation potential.
The Oklahoma City market continues to experience steady population growth, expanding employment opportunities, and increasing housing demand driven by healthcare, energy, aerospace, manufacturing, and logistics sectors. The portfolio’s strategic locations provide convenient access to Interstate corridors, downtown Oklahoma City, major retail nodes, and employment centers, positioning the assets for continued operational stability and long-term rent growth.
This offering presents investors the opportunity to acquire scale within a single metropolitan market while benefiting from economies of management, strong existing occupancy, and substantial recent capital improvements that reduce near-term deferred maintenance exposure. The portfolio’s current cash flow, value-add history, and future upside potential make it well suited for investors seeking stable multifamily assets in a high-demand Oklahoma City submarket.