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$3,400,000
Est. payment /mo
12 Beds
12 Baths
9,765 SqFt
UPDATED:
12/22/2024 09:00 PM
Key Details
Property Type Multi-Family
Sub Type More Than 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 9,765 sqft
Price per Sqft $348
MLS Listing ID 1148190
Style Modern
Bedrooms 12
Full Baths 12
Construction Status Concrete,Metal,Steel
Year Built 2023
Property Description
Incredible investment opportunity with this Brand New Construction in Downtown OKC!! Located on the East side of Film Row, this location is perfect for short walks to great restaurants, bars like The Jones Assembly, Bar Arbolada, Big Biang and The Study! As an added bonus, only a 10 minute walk to the Omni, Myriad Gardens, Paycom Center and soon to be brand new Arena for the Thunder! Investors will love this property for its location as well as the building design and materials. All flooring and most walls are cast-in-place concrete offering long term sustainability as well as high efficiency for utilities. Floor to ceiling windows provide one of the best views of Downtown! John Rex Elementary is a 2 minute walk away! With continued support of the local MAPS project, this area will continue to grow offering a great long term capital investment opportunity! PLUS, a Cost Segregation study has been mostly completed and offers a HUGE immediate tax savings for investors. Please contact the listing agent for more information on this portion!
The building is made up of 6 condo units each with 2 bedrooms, 2 bathrooms, personal laundry room and an open kitchen/living space with a smaller balcony space! Access to the 2,000+ sq/ft shared rooftop patio space for each unit is essential to soak in the beautiful sunsets and 360* view of OKC at its best! The first floor has 6 garage spaces with automatic doors giving each unit its own private parking space! And for investors, an additional 750 sq/ft commercial space facing California Ave for additional revenue!
This property is currently being professionally managed for short term rental grossing nearly $20k/mo! This company can continue business for the new owners if desired! Each unit has the potential to rent for $3,500-$4,500/mo! For private tours or any additional information, contact the listing agent directly.
The building is made up of 6 condo units each with 2 bedrooms, 2 bathrooms, personal laundry room and an open kitchen/living space with a smaller balcony space! Access to the 2,000+ sq/ft shared rooftop patio space for each unit is essential to soak in the beautiful sunsets and 360* view of OKC at its best! The first floor has 6 garage spaces with automatic doors giving each unit its own private parking space! And for investors, an additional 750 sq/ft commercial space facing California Ave for additional revenue!
This property is currently being professionally managed for short term rental grossing nearly $20k/mo! This company can continue business for the new owners if desired! Each unit has the potential to rent for $3,500-$4,500/mo! For private tours or any additional information, contact the listing agent directly.
Location
State OK
County Oklahoma
Exterior
Roof Type Other
Private Pool Yes
Building
Lot Description Corner, Zero Lot Line
Story 4.0000
Foundation Slab
Structure Type Concrete,Metal,Steel
Construction Status Concrete,Metal,Steel
Schools
Elementary Schools John Rex Charter
Middle Schools Moon Ms
High Schools Douglass Hs
School District Oklahoma City
Others
Miscellaneous Elevator,Fire Escape,Fire Stairs
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Cole Strickland • Metro Mark Realtors
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