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327 N Midwest Blvd
Midwest City, OK 73110

Midwest Manor Apartments · Multifamily Property For Sale · 102 Units

Investment Highlights

  • $3.2M in Value-Add Upside - With Interior Modernization, Rent Bumps, and Other Income Opportunities
  • Rents in the Submarket Have Increased by 9% 2021 - Projected to Continue to Grow by 8% in 2022 (CoStar)
  • 95% Occupied - Opportunity to Acquire a Nearly Fully Leased Asset
  • Walking Distance to City Hall, Police Station, Hospital, Walmart, and Other Major Retailers

PROPERTY FACTS

No. Units 102
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.43 AC
Building Size 74,184 SF
Average Occupancy 80%
No. Stories 2
Year Built 1970
Parking Ratio 1.39/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Range
  • Wheelchair Accessible (Rooms)
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Business Center
  • Courtyard
  • Laundry Facilities
  • Property Manager on Site
  • Package Service
  • Planned Social Activities
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 86 - 720
2+1 16 - 920

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
150402000
Land Assessment
$20,554
Improvements Assessment
$695,542
Total Assessment
$716,096

zoning

Zoning Code Multi (Commercial)
Multi (Commercial)
  • Listing ID: 24764465

  • Date on Market: 1/4/2022

  • Last Updated:

  • Address: 327 N Midwest Blvd, Midwest City, OK 73110

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