The Heights Apartment Complex

For Sale

3720 North Pennsylvania Avenue, Oklahoma City, OK 73112

This Oklahoma City property for sale is located at 3720 North Pennsylvania Avenue. The current listed sale price for The Heights Apartment Complex is $5,049,000. The Heights Apartment Complex is situated on a lot that is 1.49 acre in size.

Contacts

Chandler Moreau

Moreau Property Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 35,502 SF
  • Units 41
  • Lot Size 1.49 Acre
  • Property Tenancy Multi-Tenant
  • Year Renovated 2024
  • Date Updated Jul 16, 2026
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.
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Highlights

  • Brick and Stucco exterior
  • Concrete Parking Lot
  • Gated Community with Key Pad Access
  • New Roof
  • Occupancy: 100%
  • Renovated in 2024

Attachments

Getting around

  • 75/100

    Walk Score ®

  • 30/100

    Transit Score ®

Powered by Walk Score ®

Location

  • City Oklahoma City, OK
  • Neighborhood Putnam Heights
  • Zip Code 73112
  • Market Oklahoma City

Points of Interest

  • Dewey Avenue

    2.47 miles

  • North Hudson

    2.57 miles

  • Midtown

    2.65 miles

  • Art Park

    2.76 miles

  • Northwest 10th Street

    2.76 miles

  • Law School

    2.92 miles

  • Automobile Alley

    2.96 miles

  • Transit Center

    3.03 miles

  • Memorial Museum

    3.10 miles

  • Federal Courthouse

    3.12 miles

  • Casey's General Store

    0.19 miles

  • Seven Days Food Store

    0.41 miles

  • Saving Spot

    0.85 miles

  • Seven-Eleven Food Stores

    0.90 miles

  • OnCue

    0.98 miles

  • Casey's

    1.07 miles

  • 7-Eleven

    1.12 miles

  • T and B Express

    1.12 miles

  • 23rd Street Food Mart Fina Stop

    1.20 miles

  • Tesla Supercharger

    6.71 miles

  • Memorial Park Parking

    0.86 miles

  • Crown Heights Christian Church Parking

    1.02 miles

  • Penn Square Mall Multi-Story Parking

    1.17 miles

  • Church Parking

    1.40 miles

  • Chesapeake Car Park 4

    2.06 miles

  • Chesapeake Central Park

    2.07 miles

  • Chesapeake Car Park 2

    2.13 miles

  • Apartment Parking

    2.22 miles

  • Chesapeake Car Park 3

    2.23 miles

  • District Hotel

    0.26 miles

  • Motel 6 Oklahoma City

    0.92 miles

  • Days Inn

    0.96 miles

  • Super 8

    1.00 miles

  • Courtyard Oklahoma City Northwest

    1.10 miles

  • Hyatt Place Oklahoma City - Northwest

    1.15 miles

  • Hyatt Place Oklahoma City Northwest

    1.15 miles

  • Sleep Inn and Suites

    1.32 miles

  • Sleep Inn & Suites Oklahoma City Northwest

    1.33 miles

  • Extended Stay America - Oklahoma City - NW Expressway

    1.36 miles

  • Shepherd Mall

    1.01 miles

  • Walmart Neighborhood Market

    1.02 miles

  • Dillard's

    1.06 miles

  • Chinatown Supermarket

    1.08 miles

  • Penn Square Mall

    1.11 miles

  • JCPenney

    1.11 miles

  • Eleys Foods

    1.15 miles

  • Macy's

    1.20 miles

  • Walmart Supercenter

    1.28 miles

  • Super Cao Nguyen

    1.31 miles

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