4701 NW 16th St
- Renovated in 2024
- New Exterior Paint
- New concrete work
- New Railings and Walkways
- Gated Community
Property Description
Meridian Apartments is a 24-unit multifamily property totaling approximately 13,200 SF in Oklahoma City, currently 100% occupied. The property was renovated in 2024, including exterior paint, concrete work, railings, HVAC units, and roof replacements, reducing near-term capital needs. Situated on NW 16th Street with additional land for development, the property offers stable in-place cash flow with future upside potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,100,000 |
| No. of Units: | 24 |
| Year Built: | 1953 |
| Lot Size: | 1.18 Acres |
| Opportunity Zone: | No |
| Price per unit: | $87,500 |
| Property Website | Click Here |
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Brokers
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Remax Real Estate Professionals
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Jared Ennis
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout