1900 Dover St - Apartments FOR SALE


Norman, OK 73071- Outer Norman
$485,000 USD
405-409-4465
1900 Dover St, Norman, OK for Sale
$485,000 USD
Apartments - FOR SALE
1/31
null | Request Cap Rate

1900 Dover St
Norman, OK 73071
Outer Norman


HIGHLIGHTS

  • Well maintained 4 plex
  • individually utilities
  • 100% occupied

OVERVIEW

Rare opportunity to own a well maintained 4 plex which is 100% occupied. Each unit has 2 bedrooms, 1 bath, fireplace, central heat and air, all kitchen appliances, and a large utility room. This is a 2 story building on a large lot. OU is approx 2.5 miles away. Listing broker is the owner of the LLC that owns this home with real estate license #071687. Many more buildings available...see MLS. Owner has owned these for a long time and has updated the kitchens and bathrooms with ceramic tile. Rents are below market so there is room for increasing the rents. Owner will consider owner financing with 20% down at 6% with a 30 year AM and a 7 year balloon. Financials and rent roll attached in MLS. Do not disturb tenants. Will only be shown to serious buyers. Many other 4 plex buildings available(can put together a package)

FOR SALE DETAILS

PRICE

$485,000 USD

PRICE/SF

$128 USD /SF

# OF UNITS

4

PRICE/UNIT

$121,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1900 Dover

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

R3

APN/PARCEL ID

R0036616

ASK ABOUT THIS PROPERTY

Rudy HymerRJH Investments RealtyMore Info
405-409-4465

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Rudy HymerRJH Investments RealtyMore Info
405-409-4465

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.