40-Unit Value-Add Apartment Building

For Sale

3732 NW 23rd St , Oklahoma City, OK 73107

This Oklahoma City property for sale is located at 3732 NW 23rd St . The current listed sale price for 40-Unit Value-Add Apartment Building is $1,799,000. 40-Unit Value-Add Apartment Building is situated on a lot that is 1.71 acre in size.

Contacts

Alisha Lange

LFC Marketing Services, Inc.

Auction Event Manager

Property Details

  • Property Type Multi-Family
  • Property Size 32,720 SF
  • Lot Size 1.71 Acre
  • Date Updated Jul 7, 2026

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:

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Highlights

  • Heavy traffic area
  • Capital Improvments 2.5m +
  • Good tenant base

Attachments

Getting around

  • 68/100

    Walk Score ®

  • 38/100

    Transit Score ®

  • 64/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Oklahoma City, OK
  • Neighborhood Musgrave - Pennington
  • Zip Code 73107

Points of Interest

  • Dewey Avenue

    3.63 miles

  • North Hudson

    3.82 miles

  • Midtown

    3.83 miles

  • Transit Center

    3.97 miles

  • Northwest 10th Street

    3.99 miles

  • Library

    4.05 miles

  • Law School

    4.06 miles

  • Art Park

    4.10 miles

  • Memorial Museum

    4.12 miles

  • Myriad Gardens

    4.13 miles

  • 7-Eleven

    0.12 miles

  • Sandys Auto Service and Speedy Lube Phillips 66

    0.38 miles

  • L & S Quick Shop Stop

    0.40 miles

  • E & T Automotive

    0.44 miles

  • F M Food Mart Shell

    0.50 miles

  • Breaktime Shell

    0.96 miles

  • Conoco PDQ

    1.20 miles

  • Alon

    1.36 miles

  • Shamrock

    1.45 miles

  • Tesla Supercharger

    4.32 miles

  • Parking Garage

    1.15 miles

  • Hurricane Harbor

    2.11 miles

  • Church Parking

    3.13 miles

  • Memorial Park Parking

    3.14 miles

  • Apartment Parking

    3.21 miles

  • Laundry Parking

    3.21 miles

  • Penn Square Mall Multi-Story Parking

    3.28 miles

  • Crown Heights Christian Church Parking

    3.39 miles

  • Torks Parking

    3.86 miles

  • WoodSpring Suites Oklahoma City Northwest

    1.28 miles

  • Hospitality Inn

    1.32 miles

  • Budget Inn

    1.35 miles

  • Super 8

    1.75 miles

  • Days Inn

    1.77 miles

  • Motel 6 Oklahoma City

    1.81 miles

  • Sonesta ES Suites Oklahoma City

    2.08 miles

  • Super 8 Airport/Fairgrounds West

    2.27 miles

  • Best Western Plus

    2.29 miles

  • Meridian Extended Stay Hotel

    2.30 miles

  • El Mariachi Supermercado

    1.02 miles

  • Eleys Foods

    1.25 miles

  • El Rinconcito

    1.28 miles

  • WinCo Foods

    1.39 miles

  • Shepherd Mall

    1.84 miles

  • Walmart Neighborhood Market

    1.94 miles

  • ALDI

    2.12 miles

  • Buy For Less

    2.27 miles

  • Target

    2.48 miles

  • Gordman's

    2.80 miles

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