The Albert 701 Culbertson Dr 36 Unit Apartment Building $4,960,728 CAD ($137,798 CAD/Unit) 5.61% Cap Rate Oklahoma City, OK 73105

The Albert presents a distinctive investment opportunity in Oklahoma City with a fully renovated multifamily asset located in a historic and highly accessible neighborhood. Comprising 36 low-rise apartment units across three stories, the property underwent substantial improvements in 2020, offering modern interiors and updated systems while retaining its architectural charm. Each unit is well-appointed with contemporary finishes including vinyl flooring, updated kitchens, and upgraded bathrooms, ensuring strong appeal to renters who value both design and functionality.
This stabilized community reports a 100% occupancy rate, providing an immediate and consistent income stream for investors. The gated property includes attractive amenities such as a landscaped courtyard, laundry facilities, and bicycle storage, enhancing tenant satisfaction and retention. Residents benefit from proximity to major employers, downtown Oklahoma City, and key transportation corridors, making it a desirable living environment for professionals and students alike.
Positioned on a 0.66-acre site with a favorable 1.46 parking ratio, The Albert combines security, convenience, and modern living standards. With its recent upgrades and prime location near employment hubs and urban amenities, this offering aligns with long-term investment strategies seeking stability, quality improvements, and enduring rental demand.