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11535 Andover Court

Midwest City, OK 73130
  • $2,850,000
  • STATUS: Active
  • ON SITE: 158 Days
  • MLS #: 957804
UPDATED: 118 min ago
$2,850,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 30
    BATHS
  • 0
    1/2 BATHS
  • 28,000
    SQFT
  • $102
    $/SQFT
Type:
Multi-Family
Built:
2008
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Robert R Williams of Interwest Realty.

Description

This 9.0% CAP RATE offering is for a package purchase of 24 Single Family homes which are all located in Midwest City, OK. Midwest City is home to Tinker Air Force base which employs more than 26,000 military and civilian employees making it the largest single-site employer in Oklahoma, in addition there over 30,000 indirect jobs created because of the base. This package maintains 100% occupancy with the average tenancy of 3-yr 9-mos. All the tenants are market rate tenants with no housing assistance. Most of the tenants are below current market rates and have not seen an increase since their lease inception. All homes offer central heat/air, are all updated with no deferred maintenance issues. This is an excellent TURN-KEY investment opportunity. Please see attachments for RENT ROLLS, INCOME/EXPENSE ANALYSIS, and LIST of PROPERTIES..

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©2021 MLSOK, Inc. We do not attempt to verify the currency, completeness, accuracy or authenticity of the data contained herein. Information is subject to verification by all parties and is subject to transcription and transmission errors. All information is provided “as is”. The listing information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective purchasers. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLSOK, Inc. Data last updated: 2021-10-20T00:01:59.627.
www.okchomefinder.com/homes/117246392
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11535 Andover Court Midwest City, OK 73130

  • Price: $2,850,000
  • Status: Active
  • Updated: 118 min ago
  • MLS #: 957804
0
Beds
30
Baths
0
½ Baths
0.18
Acres
28,000
SQFT
$102
$/SQFT
2008
Built
Neighborhood:
Oakwood East Village Sec 6
County:
Oklahoma
Elementary School:
Barnes Es
Middle School:
Carl Albert Ms
High School:
Carl Albert Hs
School District:
Midwest City/Del City
Property Description
This 9.0% CAP RATE offering is for a package purchase of 24 Single Family homes which are all located in Midwest City, OK. Midwest City is home to Tinker Air Force base which employs more than 26,000 military and civilian employees making it the largest single-site employer in Oklahoma, in addition there over 30,000 indirect jobs created because of the base. This package maintains 100% occupancy with the average tenancy of 3-yr 9-mos. All the tenants are market rate tenants with no housing assistance. Most of the tenants are below current market rates and have not seen an increase since their lease inception. All homes offer central heat/air, are all updated with no deferred maintenance issues. This is an excellent TURN-KEY investment opportunity. Please see attachments for RENT ROLLS, INCOME/EXPENSE ANALYSIS, and LIST of PROPERTIES..
Exterior Features

Construction Other Roof Composition Style Traditional

Interior Features

Baths Total 30.00 Foundation Combination

Property Features

Gross Expense 47607 Gross Income 243300 Property Sub Type More Than 4 Units Rent 243300.00

©2021 MLSOK, Inc.
Listing provided courtesy of Robert R Williams of Interwest Realty.


©2021 MLSOK, Inc. We do not attempt to verify the currency, completeness, accuracy or authenticity of the data contained herein. Information is subject to verification by all parties and is subject to transcription and transmission errors. All information is provided “as is”. The listing information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective purchasers. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLSOK, Inc. Data last updated: 2021-10-20T00:01:59.627.
 
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ClearPoint Realty
2545 S. Kelly, Suite B
Edmond OK, 73013
Offered by Robert R Williams of Interwest Realty.