Lot 6 Block 3 Delta Crossing 15ac — Newcastle, OK
215 Meadow Drive, Newcastle, OK 73065
1 BD · 45,600 sq ft · Built 2021
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About this home
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.
Price history
History from MLS records since this home was listed.
Monthly cost
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Principal, interest, taxes, insurance, and HOA.
Assumes a $10,500,000 price, 20% down, 30-year fixed rate at 7.11% (APR 7.11%). Includes taxes, insurance, and HOA dues; mortgage insurance not included. APR assumed equal to the rate; actual APR will be higher with lender fees. Estimate only. Not a loan offer or commitment.
An annual tax record is not available. This calculation starts with a planning allowance of 1.1% of the price. Adjust taxes below after confirming the amount with your lender or county assessor.
- Principal & interest
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- Property taxes
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- Home insurance
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- HOA
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Planning estimate, not a quote. Rate and insurance are editable assumptions. Taxes can change after purchase; confirm HOA dues and their frequency. Mortgage insurance, closing costs, and maintenance are not included.
Rate: Freddie Mac Primary Mortgage Market Survey 30-year fixed average for the week of Nov 12, 2026, via FRED. An average, not a quote.
Insurance: about $5,800/yr for a $300,000 Oklahoma home, scaled by price (Oklahoma average, InsuranceNewsNet and Insurify 2026 studies). Your quote depends on the home, roof, deductible and insurer.
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Kurt Swink · Financial Concepts Mortgage
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Kurt Swink, NMLS #207515 · Financial Concepts Mortgage, NMLS #181632.
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Equal Housing Opportunity.
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Listing provided courtesy of Tiffany Trimble, Black Label Realty ((405) 849-5209). Status: Active.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Jul 10, 2026, 10:58 AM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS, as established by the applicable MLS Governing Documents.
The listing information provided here is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use or search of this data other than by a consumer looking to purchase real estate is prohibited.
Data last updated Jul 10, 2026, 10:58 AM CT. MLS # 1238462. Homestead & Co is a licensed Oklahoma real estate brokerage.
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