2256 Donna Dr - Multi-Family FOR SALE


Norman, OK 73071- Outer Norman
$620,000 USD
405-545-0582
2256 Donna Dr, Norman, OK for Sale
$620,000 USD
Multi-Family - FOR SALE
1/14
null | 7.01% Cap Rate

2256 Donna Dr
Norman, OK 73071
Outer Norman


OVERVIEW

Multifamily Investment Opportunity Near OU Campus! This fully occupied 5-plex features five 2-bedroom, 1-bath units, each equipped with washer and dryer hookups. Lower-level units enjoy private yards, while upper-level units offer balconies. Tenants pay all utilities, with the landlord responsible only for mowing, keeping operating expenses low. Most units have been updated, and a large open parking lot provides ample parking for tenants and guests. An excellent opportunity for investors seeking a well-maintained, income-producing property in a high-demand area.

FOR SALE DETAILS

PRICE

$620,000 USD

PRICE/SF

$102 USD /SF

# OF UNITS

5

PRICE/UNIT

$124,000

CAP RATE

7.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

R0025781

ASK ABOUT THIS PROPERTY

Kelley BacaBaca Realty GroupMore Info
405-545-0582

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Kelley BacaBaca Realty GroupMore Info
405-545-0582

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