- For Sale $1,799,000
- Property Type Multi-Family
- Property Size 32,720 SF
- Lot Size 1.71 Acre
- Date Updated Jul 7, 2026
Description
FRE Auctions & Coldwell Banker Select are pleased to present the Online Auction Plus event for the opportunity to purchase Pennington Place Apartments "property", a renovated 40-unit value-add apartment building in Oklahoma City, Ok.
Pennington Place Apartments presents a rare opportunity to acquire a value-add multifamily asset with a clear path to long-term stability and upside. The property is positioned for a full transformation, with approximately $2.5 million in planned and/or completed capital improvements designed to modernize both major systems and interior finishes.
LINK TO AUCTION:
Highlights
- Heavy traffic area
- Capital Improvments 2.5m +
- Good tenant base
False
Contacts
LFC Marketing Services, Inc.
Auction Event Manager
Location
Located at 3732 NW 23rd St , Oklahoma City, OK 73107, this property is part of the Musgrave - Pennington neighborhood.
LFC Marketing Services, Inc.
Auction Event Manager