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7404 Lyrewood Ln
Oklahoma City, OK 73132 Knights Lake

$8,800,000 USD

Apartments For Sale  •  156,123 SF

Property Details

  • Property Type Apartments
  • Total Building Size 156,123 SF
  • Lot Size 7.76 AC
  • Building Class C
  • Year Built 1978
  • Cap Rate 9.09 %
  • Zoning R-4
30 Transit Score
36 Walk Score

Highlights

Low Income Housing Tax Credit Opportunity (Federal & State)
Qualifies for Acquisition Credits (owned by seller over 10 years)
Excellent Location with EMBARK bus stop on premises
Spacious Floor Plans

Financial Summary (Proforma)

Net Operating Income: $817,329 USD (2026)
Cap Rate: 9.09 %
Total Expenses: $824,403 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Cable Ready
  • Clubhouse
  • Courtyard
  • Dishwasher
  • Disposal
  • Fireplace
  • Laundry Facilities
  • Microwave
  • Picnic Area
  • Pool
  • Property Manager on Site
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Carpet
  • Maintenance on site
  • Pond
  • Freezer
  • Patio
  • Porch
  • Public Transportation
  • Private Bathroom
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Will Rogers World 27 min - 14.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 180
Type: Surface
Included in Rent: Yes
Jorge Newbery 504-570-7863 preREO
Jorge Newbery 504-570-7863 preREO