Value-Add 4-Unit Multifamily | 8,350 SF ± | 8.66% Cap | Below Replacement Cost | Bridge Creek, OK Located in the serene countryside of Bridge Creek, OK, this 4-unit multifamily property spans approximately 8,350 SF on 1.5 acres and delivers strong returns with potential for upside. Built in 2001 and remodeled in 2016, it's offered at just $83.23/SF ±—well below replacement cost. Financials: • Offered at: $695,000 • Net Operating Income: $60,221 • Cap Rate: 8.66% • Cash-on-Cash Return: 16% • Low operating expenses – only owner-paid utility is well house electric (avg. $38/mo) • All units separately metered for electric Strategically located just west of SH-4 and the H.E. Bailey Turnpike Spur, the property is minutes from Oklahoma City and Norman. Proximity to major employers—including Norman Regional Health System, Riverwind Casino, and the University of Oklahoma—adds rental demand and tenant stability. Unit Mix: Unit A: 4 bed, 2.5 bath – ±2,600 SF Unit B: 4 bed, 2 bath – ±2,300 SF Unit C: 1 bed, 1.5 bath – ±1,300 SF Unit C Ground Floor: 1 bed, 1 bath (unfinished) – ±650 SF (framed w/ stubbed-in utilities) Unit D: 3 bed, 2.5 bath – ±1,500 SF Total: ±8,350 SF The ground floor of Unit C is a value-add opportunity—framed and stubbed for a 1 bed/1 bath layout with its own entrance. HVAC ducting, plumbing, and electrical are in place. Tub/shower, fixtures, and switches are included onsite. Finish with insulation and drywall. Ideal for an investor seeking immediate income with upside potential through management efficiency or completion of the unfinished unit. Could also suit an owner-occupant investor exploring creative financing. Shown by appointment only. Please do not disturb tenants. Full rent roll and financials available upon request.