Description
The potential to purchase fifteen brick and frame duplexes, consisting of 8 one bedroom, 1 one bath, and twenty-two 2 bedrooms, 1 bath units that are 100% occupied is achievable today. If you are serious investor seeking positive cash flow and a CAP rate of 10% on your investment look no further, this complete package. In addition to the duplexes there are two approx. 12x20 cinder block storage units that are included with this purchase. Details: Units 8/10 have central heat and air. Units 16/18 have window AC, but central heat. All other units have cold/heat window units in the main living area and some have AC window units in bedrooms. All units are totally electric and are all up to code on electrical and plumbing. New roofs on units 8/10, 12/14, 24/26, 32/34, 51/53,64/66. Units with roofs under 5 years old 16/18, 20/22, 52/54, 55/57, 59/61, 63/65. Roofs under ten years or slightly older 28/30, 36/38. Roof scheduled for replacement (within 30 days) 60/62. There are 15 separate tax records for this property. Seller needs a minimum of 48 hours to coordinate a showing of one 1 bedroom and one 2 bedrooms until it goes under contract then all units will be available for inspection. Call Chuck Webber at 580-678-1769 to coordinate a showing today.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
School Information
Description
The potential to purchase fifteen brick and frame duplexes, consisting of 8 one bedroom, 1 one bath, and twenty-two 2 bedrooms, 1 bath units that are 100% occupied is achievable today. If you are serious investor seeking positive cash flow and a CAP rate of 10% on your investment look no further, this complete package. In addition to the duplexes there are two approx. 12x20 cinder block storage units that are included with this purchase. Details: Units 8/10 have central heat and air. Units 16/18 have window AC, but central heat. All other units have cold/heat window units in the main living area and some have AC window units in bedrooms. All units are totally electric and are all up to code on electrical and plumbing. New roofs on units 8/10, 12/14, 24/26, 32/34, 51/53,64/66. Units with roofs under 5 years old 16/18, 20/22, 52/54, 55/57, 59/61, 63/65. Roofs under ten years or slightly older 28/30, 36/38. Roof scheduled for replacement (within 30 days) 60/62. There are 15 separate tax records for this property. Seller needs a minimum of 48 hours to coordinate a showing of one 1 bedroom and one 2 bedrooms until it goes under contract then all units will be available for inspection. Call Chuck Webber at 580-678-1769 to coordinate a showing today.
Listing provided courtesy of Re/Max Professionals (Bo). Listing information © 2022 Lawton Multiple Listing Service.