Garfield County · Enid
Sell Your Commercial Property In Enid, OK
We are an active buyer of Enid commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Enid Submarkets: Downtown Enid · North Enid · Waukomis · Garber — Garfield County, OK
Why Enid
Why We Buy Multifamily In Enid
Enid, a Garfield County city 90 miles north-northwest of Oklahoma City, has 50,653 residents under the Census Bureau's ACS 2020-2024 estimates. Renters occupy 38.7% of Enid homes, and median gross rent is $914 a month. Median household income is $62,125.
Owners who sell commercial property in Enid, OK hold older stock: the median Enid home dates to 1969, versus 1980 statewide. Garfield County assesses real property at 12.5%, so a $2,000,000 building owes about $25,878 a year at Enid's 2024 levy.
Vance Air Force Base
Vance AFB at Enid has about 1,400 active duty and reserve military and graduates 300-plus pilots yearly (October 2022).Fertilizer production
Koch Fertilizer's Enid plant can produce 3,000 tons of anhydrous ammonia a day, per Koch (May 2011).INTEGRIS Health Enid Hospital
INTEGRIS Health Enid Hospital runs 183 beds across three Enid facilities, per INTEGRIS Health.Our Buy Box
What We Buy In Enid
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Enid Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Enid
Renters occupy 38.7% of Enid's 19,745 occupied homes, per ACS 2020-2024 tenure data. Buildings with five or more units hold 9.1% of Enid housing, or 2,105 homes, per Census table B25024. The median Enid home was built in 1969, and 69.5% predates 1980, per ACS year-built data.
Rents and affordability in Enid
Median gross rent in Enid is $914 a month under ACS 2020-2024, $100 below the Oklahoma median. Rental vacancy is 8.2% in the ACS DP04 housing profile. Among Enid renters, 40.4% spend 30% or more of income on rent, per Census table B25070.
For owners selling commercial property in Enid, buyers will compare rents with the HUD FY2027 fair market rents for the Enid, OK MSA.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $707 |
| One-bedroom | $818 |
| Two-bedroom | $997 |
| Three-bedroom | $1,305 |
| Four-bedroom | $1,310 |
Property taxes in Garfield County
Garfield County assessed real property at 12.5% of fair cash value in 2024, per the Oklahoma Tax Commission. Inside Enid, the 2024 levy for the Enid Public Schools district (No. 57) totals 103.51 mills, per the City of Enid tax levy worksheet.
A $2,000,000 Enid building assesses at $250,000 and owes about $25,878 a year, a 1.294% effective rate. Anyone planning to sell commercial property in Enid, OK should also budget $3,000 in deed stamp tax under 68 O.S. 3201.
Landlord rules in Enid
Enid cannot cap rents. Under 11 O.S. 14-101.1, no Oklahoma municipality may regulate rent on privately owned residential or commercial rentals. Under 41 O.S. 131, a landlord may terminate when rent stays unpaid five days after written demand.
Deposit records matter when you sell commercial real estate in Enid, OK. Under 41 O.S. 115, deposits sit in escrow at a federally insured Oklahoma institution. At a sale, the holder transfers them to the buyer with written tenant notice, or returns them.
What it means for an owner in Enid
Enid gives buyers $914 median rent, 8.2% rental vacancy and older stock with room for upgrades. Vance Air Force Base adds steady demand from about 1,400 active duty and reserve military. Owners who sell commercial property in Enid, OK can test pricing with the cap rate calculator.
If you want to sell your apartment building in Enid, Skyline Capital Investments buys 5+ unit buildings.
Local Knowledge
Pricing Your Building In Enid
More about selling in Oklahoma →Investing in Enid? See apartment syndications in Enid →
- Enid has 2,105 homes in buildings of five or more units, 9.1% of its housing.
- In Enid, 40.4% of renter households pay 30% or more of income for rent.
- Owners who sell commercial real estate in Enid, OK face a 12.5% Garfield County assessment ratio.
Seller Guides
Your Situation, Handled — Enid
Learn More
Taxes & Rules For Enid Property
The Oklahoma rules that shape any deal in Enid: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Enid Seller FAQ
What should I know before I sell commercial property in Enid, OK?
Start with taxes and tenants. Garfield County assesses real property at 12.5%, and the 2024 Enid levy in the Enid Public Schools district is 103.51 mills. A $2,000,000 building owes about $25,878 a year. Renters occupy 38.7% of Enid homes.
Who holds tenant deposits when I sell commercial real estate in Enid, OK?
Under 41 O.S. 115, deposits sit in an escrow account at a federally insured Oklahoma institution. When an Enid owner sells, the holder either transfers deposits to the buyer and notifies tenants in writing of the new holder, or returns them to tenants.
Can Enid limit how much I raise rents?
No. Under 11 O.S. 14-101.1, no Oklahoma municipality may enact, maintain or enforce an ordinance regulating rent on privately owned residential or commercial rentals. Enid landlords set rents by lease, and the HUD FY2027 two-bedroom fair market rent for the Enid, OK MSA is $997.
How old is the rental stock if I sell multifamily property in Enid?
Older than the state norm. The median Enid home was built in 1969, versus 1980 across Oklahoma, and 69.5% predates 1980, per ACS 2020-2024. Buildings with five or more units hold 9.1% of Enid housing, or 2,105 homes.
How fast can an Enid landlord end a lease for unpaid rent?
Five days after written demand. Under 41 O.S. 131, a landlord may terminate when rent stays unpaid five days after written notice. A demand for past-due rent counts as a demand for possession, so no separate notice to quit is needed.
Will you buy a Enid property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
How does a sale to you work in Garfield County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Can I sell rental property in Enid with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
What do I need to sell my apartment building in Enid?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Have A Property In Enid?
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
