Apartment Buildings /OK /Oklahoma County /Oklahoma City /7404 Lyrewood Ln
Apartment Buildings /OK /Oklahoma County /Oklahoma City /7404 Lyrewood Ln

7404 Lyrewood Ln - Apartments FOR SALE


Oklahoma City, OK 73132- Knights Lake | 
$8,800,000 USD
504-570-7863
7404 Lyrewood Ln, Oklahoma City, OK for Sale
$8,800,000 USD
Apartments - FOR SALE
1/2
null | 9.09% Cap Rate
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7404 Lyrewood Ln
Oklahoma City, OK 73132
Knights Lake

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HIGHLIGHTS

  • Low Income Housing Tax Credit Opportunity (Federal & State)
  • Qualifies for Acquisition Credits (owned by seller over 10 years)
  • Excellent Location with EMBARK bus stop on premises
  • Spacious Floor Plans

OVERVIEW

Low Income Housing Tax Credit Opportunity. Owned by seller over 10 years (since 2011) & eligible for acquisition credits. Can qualify for both federal and state credits. Significant rehab needed. Property will be in a Qualified Census Tract in 2026.

FOR SALE DETAILS

PRICE

$8,800,000 USD

PRICE/SF

$55 USD /SF

# OF UNITS

160

PRICE/UNIT

$55,000

CAP RATE

9.09%

% LEASED

40%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Villas at Stonelake

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

233

LAND DETAILS

LAND ACRES

11.31 AC

LAND SF

492,664 SF

ZONING

R-4

APN/PARCEL ID

140151925

ASK ABOUT THIS PROPERTY

Jorge NewberypreREOMore Info
504-570-7863

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Jorge NewberypreREOMore Info
504-570-7863

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