405-463-1284
516 NW 8th St, Oklahoma City, OK for Sale
Apartments - FOR SALE
1/23
null | Request Cap Rate

516 NW 8th St
Oklahoma City, OK 73102
Midtown Oklahoma City


HIGHLIGHTS

  • Named Best Apartment Building in 2025, is a 29-unit multifamily property in Midtown, Oklahoma City
  • Amenities include a fitness center, keyless entry, and on-site laundry
  • Fullly renovated in 2022 with approximately $1.7 million in capital improvements (see CapEx list in the Deal Room for a detailed scope of work)
  • The Shay is located across from SSM Health St. Anthony Hospital and minutes from OU Health’s Medical Center and Health Sciences campus
  • Midtown’s 90% occupancy rate reflects stable, long-term renter demand
  • Offered free and clear of existing debt, allowing new ownership to maximize returns with new financing.

FOR SALE DETAILS

PRICE

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# OF UNITS

29

CAP RATE

Request Cap Rate

% LEASED

79%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Shay

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1963

PARKING SPACES

30

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

DBD

APN/PARCEL ID

012726300

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Wallis AllenGreysteelMore Info
405-463-1284

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Wallis AllenGreysteelMore Info
405-463-1284

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