515 NW 20th St - Apartments FOR SALE


Oklahoma City, OK 73103- Mesta Park
$1,125,000 USD
405-409-7989
515 NW 20th St, Oklahoma City, OK for Sale
$1,125,000 USD
Apartments - FOR SALE
1/32
null | Request Cap Rate

515 NW 20th St
Oklahoma City, OK 73103
Mesta Park


OVERVIEW

Amazing 8 unit Brownstone nestled in the heart of University Addition near the Paseo and Mesta Park Community. This super 1 bed 1 bath apartment has beautiful hardwood floors, mock fireplace, formal dining area, spacious kitchen with a new floor and much more! Large closet in master bedroom plus additional built-in-storage. Free laundry in the basement for residents plus a bonus storage closet 4x6 in basement for each resident. In walking distance to the park, amazing fine dining, and shopping in the Uptown 23rd Street District and Midtown District. Covered parking available for an extra fee. TPO Roof replaced and gutters in 2018, the Guard sub floor drainage system installed in 2020-2021. Two AC systems replaced recently. Long term and monthly rentals allowed. Call for your tour today!Calling all investors. Mixed use minimum 30 day rentals on 2 of the units that are furnished. 6 Standard 1 year leases. Please look at Cash Flow Statements and rent rolls provided. The two furnished units #1 and #4 are monthly rentals and did $25,796 for both units over last 12 months (short term rental less than 30 days is no longer allowed there although they could apply for a permit). The furnished rental income is not included on the cashflow statements they are managed by owner. Please provide proof of funds for tours.

FOR SALE DETAILS

PRICE

$1,125,000 USD

PRICE/SF

$176 USD /SF

# OF UNITS

8

PRICE/UNIT

$140,625

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mesta Park 8 Plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1932

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

Commercial

APN/PARCEL ID

045003204

ASK ABOUT THIS PROPERTY

Karyn SeabrookeKEY REALTY & PROPERTY MANAGEMENT LLCMore Info
405-409-7989

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Karyn SeabrookeKEY REALTY & PROPERTY MANAGEMENT LLCMore Info
405-409-7989

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