Turn-Key Rental Portfolio – 16 Properties in Lawton, OK
Excellent opportunity to acquire a stabilized rental portfolio in Lawton, Oklahoma. This package includes 15 single-family residences and one 1/4 share of a quadplex, all located within Lawton city limits.
Current Monthly Income: $13,500
Annualized Gross Income: $162,000
Net Operating Income (NOI): $135,348 (after taxes & insurance)
Cap Rate: ~9% at $1,500,000 asking price
Leases: All 16 units are currently leased with active 1-year agreements in place
Management: Professionally managed by a local property management company
Condition: Properties have been well-maintained with ongoing upkeep
This is a turnkey, cash flowing investment with 100% occupancy and consistent rental income. Properties are spread across established neighborhoods in Lawton, allowing for diversified risk while staying within one manageable market.
The portfolio is being offered as a complete package only. Perfect for an investor seeking immediate scale with stable cash flow and professional management already in place.