Exceptional Multifamily Investment Opportunity atThe Meadows at Newcastle
The Meadows at Newcastle is a fully occupied 38 unit, gated 55+ multifamily community located in one of Oklahoma’s fastest growing markets. Positioned to benefit from Newcastle’s continued residential and commercial expansion, the property is also near the planned Indian Health Service hospital, a significant development expected to bring new employment opportunities and increase housing demand in the area.
The community consists of 36 one bedroom, one bathroom units, each offering approximately 800 square feet of living space with attached one car garages. And 2 units offering 1270 square feet with two bedrooms and two bathrooms. The homes are complemented by a 1,200 square foot community clubhouse featuring a full kitchen, gathering area, office, restroom, safe room, and oversized garage.
Each residence includes all major appliances, tile flooring throughout, and walk in showers. Current Owner paid water, sewer, trash service, and HOA dues provide added convenience for residents and contribute to the property’s appeal.
This well maintained asset offers investors the opportunity to acquire a quality multifamily community in a high growth market with strong long term fundamentals. The combination of a desirable 55+ community, modern construction, attractive amenities, and Newcastle’s expanding economy makes The Meadows at Newcastle an exceptional investment opportunity. Rent Roll available with signed NDA.
For sale
$10,500,000
215 Meadow Dr, Newcastle, OK 73065
1beds
45,600sqft
Multi Family
Built in 2021
-- sqft lot
$-- Zestimate®
$230/sqft
$675/mo HOA
What's special
Attached one car garagesTile flooring throughoutWalk in showers
- 56 days
- 363
- 8
Zillow last checked:
Listing updated:
Listed by:
Tiffany Trimble 405-812-5499,
Black Label Realty
Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1238462
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Interior area
- Total structure area: 45,600
- Total interior livable area: 45,600 sqft
Property
Features
- Stories: 1
Lot
- Features: Interior Lot
Details
- Parcel number: 215NONEMeadow73065
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick & Frame
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2021
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $8,100 annually
Location
- Region: Newcastle
Financial & listing details
- Price per square foot: $230/sqft
- Date on market: 7/8/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Listed for sale | $10,500,000$230/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 73065
Nearby schools
Schools provided by the listing agent
- Elementary: Newcastle ES
- Middle: Newcastle MS
- High: Newcastle HS
Source: MLSOK/OKCMAR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
