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$1,200,000
24 Beds
- 16 Baths
16 full baths
14,976sqft
7413 Melrose Ln, Oklahoma City, OK 73127
$1,200,000
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Apartment
Built in 1968
$-- HOA
42,116 sqft lot
$80/sq.ft
Description
Rock Property Group is pleased to present Melrose Oaks, a fully occupied, 16-unit, garden-style apartment community located in Oklahoma City, just minutes from I-40 and the OKC Outlet Shoppes. The property offers stabilized in-place cash flow with significant value-add upside through a straightforward mark-to-market rent strategy and operational improvements available to a hands-on owner. Located in a federally designated Opportunity Zone, offering investors significant capital gains tax advantages including deferral and potential full exclusion on appreciation after a 10-year hold.
Currently operating at 100% occupancy with a long-tenured tenant base, Melrose Oaks is po...
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1968
HOA Fees
-
Finished Area
14,976 sqft
Lot Size
42,116 sqft lot
Basement Area
- sqft
MLS Name
MLSOK
MLS Number
1239729
MLS Status
Active
Days on Market
5
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