Portfolio of 16 rental properties FOR SALE


Lawton, OK
$1,500,000 USD
580-713-2500
, Lawton, OK for Sale
$1,500,000 USD
FOR SALE
1/16
null | 9% Cap Rate

Portfolio of 16 rental properties
Lawton, OK


OVERVIEW

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.

ASK ABOUT THIS PROPERTY

James LengeleColdwell Banker SaluteMore Info
580-713-2500

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James LengeleColdwell Banker SaluteMore Info
580-713-2500

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