Companion Park is a newly constructed 17-unit build-to-rent multifamily community located just minutes from Stillwater and Oklahoma State University.? Completed in phases with the final duplex buildings delivered in August and September 2025, the community consists of 16 modern duplex residences and one detached single-family home, offering a high-quality rental product in a supply-constrained market with strong workforce housing demand.? The property is 100% occupied with a diversified lease schedule extending through 2026 and 2027, demonstrating exceptional tenant retention and durable cash flow.? Tenant turnover has averaged approximately 15 days, reflecting strong demand for newly constructed housing in the Perkins-Stillwater corridor.? Current in-place rents generate approximately $316,200 in annual gross rental income, with four duplexes already achieving $1,600 per month while the remaining twelve duplexes continue to lease at $1,500 per month, providing measurable embedded rent growth as leases renew.? The detached single-family residence currently leases for $1,950 per month to be increased by fall to $2,000 per month.? This existing rent structure provides investors with immediate cash flow while offering additional upside through continued lease renewals at market rents.? Operating expenses remain exceptionally efficient due to the property's new construction, tenant-paid utilities, and minimal maintenance requirements.? The property operates with an expense ratio of approximately 15%, producing an estimated NOI of $268,544 and an owner-operator cap rate of approximately 5.12% at the current asking price.? Even when underwriting professional management, the asset maintains an attractive expense profile compared to similarly sized multifamily communities.? There is already utilities in place in the center of the community to add additional units with spec plans already drafted and ready to go! The community has also benefited from recent capital improvements, including perimeter privacy fencing, with additional curb appeal enhancements planned, including decorative stone entry monuments and ranch-style frontage fencing.?