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The Spaniard

Market Price

1305 Classen Drive, Oklahoma City, OK 73103

Active
Last Updated: 02/18/2025

357,210 sqft

Building Size

27

Units

Details:
Building Size:    357,210 sqft
Units:    27
Year Built:    2024
Description:

Urban Land Institute 2024 Impact Award Finalist
Recognized for exemplifying best practices, responsible use of land and supporting a thriving community through contributions to the built environment and the public.

Outstanding Location
The Spaniard residents enjoy proximity to arts and culture, casual and fine dining, parks and recreation, and numerous employment opportunities thanks to frontage access to Classen Drive. The area is transit-, pedestrian-, and bicycle-friendly, affording short commute times to the major employers of downtown Oklahoma City. Additionally, there are 8,200+ businesses and more than 139,000 employees within a five-mile radius of The Spaniard. The community is situated near Oklahoma City’s Central Business District and the Oklahoma City Innovation District, a demonstrated incubator for business startups, new technologies, and biosciences. With phase I of expansion projected to be completed by 2040, the Innovation District will create 6,600 permanent jobs and $423 million in wages for the Oklahoma City economy. The subject property is also ideally proximate to the city’s Midtown, Downtown, Automobile Alley, Deep Deuce, and Bricktown districts, featuring the MSA’s most notable retail, entertainment, and nightlife experiences. Noteworthy nearby employers include SSM Health St. Anthony Hospital (walking distance: one-third mile), the State Capital (two miles), Devon Energy (1.2 miles), and OU Health Sciences Center (1.7 miles).

Exceptional Amenities
The Spaniard’s residents have their choice of a generous mix of one-, two-, and three-bedroom floor plans featuring ten-foot ceilings, stainless Bosch and Fisher & Paykel appliances, designer fixtures and hardware, and washers/dryer sets in-unit. Community amenities include a fitness center, courtyard pool with poolside lounges, an intimate landscaped fire pit lounge, private garages for select units and controlled community and parking access.

Trophy Asset
- Completed in 2024 – Class A urban community
- Superb curb appeal, three-story Spanish Revival design secure access and individual garages for select units
- Intimate community setting with designer interior finishes
- Large 1,229 SF average unit size
- Dynamic location proximate to the CBD, Bricktown, OU Health Sciences Center, Innovation District, and the State Capitol

Investment Drivers
- Irreplaceable trophy real estate professionally managed in a highly desirable core location
- Infill location with immediate proximity to affluent neighborhoods and high average home prices
- Three-minute walk to the OKC Streetcar’s North Dewey Avenue platform
- 88 Walk Score® (“Very Walkable”) 77 Bike Score® (“Very Bikeable”), and 53 Transit Score® (“Good Transit”)
- Frontage access to Classen Drive provides excellent traffic exposure and quick transit to all major area arterials
- 65.6% renter-occupied households and $416,000 average home values within a one-mile radius

The Spaniard

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