1540 NW 30th St - Apartments FOR SALE


Oklahoma City, OK 73106- Epworth
$3,650,000 USD
405-215-9771
1540 NW 30th St, Oklahoma City, OK for Sale
$3,650,000 USD
Apartments - FOR SALE
1/32
null | 4.63% Cap Rate

1540 NW 30th St
Oklahoma City, OK 73106
Epworth


HIGHLIGHTS

  • Brand-new construction – built in 2025 with no near-term capex needs
  • Strong in-place cash flow: $95,372 combined NOI on TTM financials (~54% operating margin)
  • 16 units across two buildings (Blackwelder I & II) – 13 one-bedroom and 3 two-bedroom floor plans
  • Tenant-controlled HVAC keeps utility expenses low for ownership
  • 22 on-site parking spaces (1.4 spaces per unit)
  • Modern in-unit amenities: A/C, balconies, disposals, and full kitchen appliance packages

OVERVIEW

Blackwelder Apartments — 16-Unit Value-Add Multifamily Near OCU | 1540 NW 30th Street, Oklahoma City, OK 73118 $3,650,000 | Built 2025 | 100% Occupied A rare opportunity to acquire a brand-new (2025), 16-unit boutique multifamily community steps from Oklahoma City University — perfectly positioned to capture strong, consistent demand from OCU students and young professionals working in Midtown, Uptown, and downtown OKC. Blackwelder delivers a mix of 13 one-bedroom/one-bath units (590 SF) and 3 two-bedroom/one-bath units (950 SF), each finished with high-end touches rarely found at this price point: white shaker cabinetry, matte black kitchen islands, modern tile showers, natural wood-finish balconies, and in-unit washer/dryer in every home. On-site parking is included for all units. Location, Location, Location Situated directly between three of OKC's most walkable, amenity-rich districts — NW 23rd Street, the Plaza District, and the Asian District — residents are minutes from award-winning restaurants, boutique retail, nightlife, and grocery options. With OCU literally around the corner, Blackwelder is purpose-built to lease to a deep, renewing pool of students and young professionals who want walkability and a boutique feel over big-complex living. Property Highlights 16 total units: 13× 1BR/1BA (590 SF) + 3× 2BR/1BA (950 SF) Built 2025 — minimal near-term capital expenditure expected Currently 100% occupied with a professional third-party management team (The Scott Group) in place On-site parking, in-unit washer/dryer, premium finishes throughout Small, intimate scale appeals to renters seeking privacy over large complex living Investment Appeal Blackwelder combines new-vintage construction, a supply-constrained infill location, and a built-in renter pool anchored by OCU — a rare combination for an asset this size. With one unit still leasing up and rents on several leases below current market comps, there's clear upside for a new owner to push rents at renewal and stabilize the asset at a stronger going-in yield. ****Financials are on a 2026 Proforma basis****

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$319 USD /SF

# OF UNITS

16

PRICE/UNIT

$228,125

CAP RATE

4.63%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Blackwelder Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,411 SF

ZONING

SPUD

APN/PARCEL ID

050050025

ASK ABOUT THIS PROPERTY

David KolbThe AgencyMore Info
405-215-9771

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David KolbThe AgencyMore Info
405-215-9771

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