3204 S Portland Ave, Oklahoma City, OK 73119

Description

Eleven unit multifamily portfolio plus a buildable lot, sold together as one package in Oklahoma City, Oklahoma. Two single-story apartment buildings. One six unit building, one five unit building, producing $8,440 per month / $101,280 annually in gross income, with an all 2 bedroom 1 bathroom unit mix that leases fast and turns cheap. Single-story construction means no stairwells, no elevator, and lower maintenance, insurance, and turnover costs than two-story product. One repeatable floor plan across all eleven doors makes this portfolio easy to manage, easy to underwrite, and easy to scale. The vacant adjacent lot creates room for additional units and additional income...