130 NW 17th St - Apartments FOR SALE


Oklahoma City, OK 73103- Heritage Hills East
$2,400,000 USD
405-209-3992
130 NW 17th St, Oklahoma City, OK for Sale
$2,400,000 USD
Apartments - FOR SALE
1/18
null | 7.6% Cap Rate

130 NW 17th St
Oklahoma City, OK 73103
Heritage Hills East


HIGHLIGHTS

  • 100% Occupied
  • Extensive renovation program completed across the property
  • Adjacent to Alley North, a 500-unit mixed-use development delivering Spring 2027

OVERVIEW

20 Units - Fully Occupied Renovated in 2019 and 2022 Located just minutes north of downtown Oklahoma City, Heritage at Midtown offers a welcoming residential setting in one of the city’s most charming and revitalized districts. Positioned in the heart of Midtown, the community provides easy access to Oklahoma City’s major employers, hospitals, and cultural landmarks—making it a desirable location for professionals, students, and families alike. The Midtown district is known for its walkability, historic architecture, and vibrant mix of local restaurants, boutique shops, and entertainment venues. Residents enjoy proximity to major institutions like OU Health Sciences Center, St. Anthony Hospital, and the Oklahoma City Innovation District, as well as lush urban green spaces such as Harn Park and Scissortail Park. With its blend of urban energy and neighborhood charm, Midtown continues to attract a diverse and upwardly mobile population. Heritage at Midtown presents a strong multifamily investment opportunity, supported by consistent rental demand, a dynamic local workforce, and ongoing urban development. The area’s growing appeal to young professionals, healthcare workers, and students contributes to stable occupancy rates and long-term income potential. Nearby infrastructure improvements and redevelopment efforts further enhance the asset’s potential for appreciation. Situated near NW 10th Street and Classen Boulevard, the property benefits from direct access to major roadways including I-235, I-40, and I-44. Its central location allows for short commutes to Downtown, the State Capitol, and the burgeoning Automobile Alley district. A wide range of local dining, nightlife, and shopping options are all within walking distance, creating a highly livable and connected experience for residents. With its prime Midtown location, growing renter base, and proximity to Oklahoma City’s leading employment and cultural centers, Heritage at Midtown stands as a compelling blend of livability and investment potential in one of the city’s most vibrant submarkets.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$133 USD /SF

# OF UNITS

20

PRICE/UNIT

$120,000

CAP RATE

7.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Heritage at Midtown

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

R-4

APN/PARCEL ID

043880570

ASK ABOUT THIS PROPERTY

Nicole MayesHorizon Commercial Real Estate LLCMore Info
405-209-3992

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Nicole MayesHorizon Commercial Real Estate LLCMore Info
405-209-3992

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.