The Heights Apartment Complex

Discover the dynamic neighborhood surrounding the property in Oklahoma City, OK. Situated near exciting dining, entertainment, and shopping options, the area provides a desirable lifestyle for residents. Within close proximity, renowned attractions like the Oklahoma City Museum of Art, Myriad Botanical Gardens, and the Oklahoma City National Memorial & Museum offer cultural enrichment. The property is also conveniently located near major employers, public transportation, and recreational parks, making it an excellent investment opportunity for multifamily and high-rise development. Embrace the vibrant energy and growth potential of the Oklahoma City market at this prime location.The Heights Apartment Complex is a 41-unit multifamily property totaling approximately 35,502 SF on 1.49 acres in Oklahoma City. The property was fully renovated in 2024 and is currently 100% occupied, offering immediate lease-up potential and stabilized operations. The asset generates $490,632 in gross income and $378,697 NOI, representing a 7.5% cap rate at the asking price. Located on N Pennsylvania Avenue in a dense infill corridor, the property benefits from strong rental demand and proximity to major employment and population centers.