Over the past five years, more multifamily owners and investors have poured capital into Oklahoma City, seeking to renovate existing inventory. In that time, renovation activity eclipsed construction of new properties in the market, with 9,644 units having been renovated while 6,144 new units have been completed.
Multifamily Renovations Remain a Popular Option for Owners in Oklahoma City
Since 2016, More Units Have Been Renovated Than Constructed
CoStar Analytics
June 7, 2021 | 6:20 P.M.
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IN THIS ARTICLE
- Properties
- Indigo Apartment Homes
12601 Pennsylvania Ave, Oklahoma City, OK