Fantastic opportunity to own 8 contiguous, well maintained duplexes (16 units total) in an area of NW OKC! Located across from and within one block of Tulakes Elementary School. All units are currently rented with the exception of one 2 bed which was left vacant exclusively for showing purposes. Instant appreciation potential as rents are currently 10-20% below market and virtually all rents can be raised within one year! Very low vacancy rates historically as included amenities such as location , # of baths and garage size are desired in the market. Half the units are 2 bed, 2 1/2 bath, 2 car garages (1,200 SF MOL) and half are 3 bed, 2 to 2 1/2 bath, 2 car garages with one conversion (1,300 SF MOL) and all have fireplaces. All units are total electric. See attachments for current rent roll and P & L for the last 2 years. Self-managed (2020) NOI $127,521. (2021) projected NOI $127,000. Cap rate 6.7%. TO BE SOLD AS PACKAGE ONLY! PLEASE DO NOT DISTURB TENANTS!
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