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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 2 times.

Post: 6 House Rental Portfolio in Norman, OK

Account ClosedPosted
  • Real Estate Agent
  • Oklahoma City
  • Posts 2
  • Votes 0
Originally posted by @Will Fraser:

Hit me with those detes @Account Closed!  Though I loathe the city of Norman administratively I love the deal!

Sent message!

Post: 6 House Rental Portfolio in Norman, OK

Account ClosedPosted
  • Real Estate Agent
  • Oklahoma City
  • Posts 2
  • Votes 0

Hello investors! I have a great rental opportunity for you in Norman, OK. There are 6 single family properties, each with 3 bed, 2 bath, 2 car garage. They are all located very close to each other (3 are on the same street). 5 out of 6 are currently occupied with tenants in place ranging from 5-17 years. There is a potential cap rate of 10.78% if you bring these properties up to market rent. The tenants are aware the properties are being sold and that rent may increase. Each house got a new roof after a recent hailstorm. Please reach out to me if you are interested in this opportunity.