Total Package Price: $625,000
Four Fully Leased Properties with long-term tenants in Oklahoma City
Current Total Monthly Rent: $3,500 / $42,000 Annually
Current Rental Income: Below market, presenting immediate potential for rental increases
Projected Income Increase: Opportunity to raise rents across all properties to meet current market rates, boosting annual revenue by $17,400
Value-Add Opportunity: Rent increases provide straightforward potential for increased cash flow and ROI
Stability: Fully leased with long-term tenants provides steady cash flow
Location Advantage: Centrally located in vibrant OKC, a growing rental market with high demand for affordable housing
Individual Property Summary
1450 N Indiana Ave: Rented at $950/month (market rate $1,425)
5806 NW 24th St: Rented at $800/month (market rate $1,125)
1631 NW 44th St: Rented at $850/month (market rate $1,375)
5843 NW 24th St: Rented at $900/month (market rate $1,025)
Current Rent-to-Purchase Ratio: $42,000 annual rent on $625K purchase, offering baseline income with room for growth
Potential Market Rent Yield: $59,400 annual rent with adjustments, achieving a more robust rental yield post-lease modifications
A solid, income-producing investment with immediate upside for rent adjustments, located in a market with steady demand for rental properties.
1450 N Indiana Ave:
Neighborhood: Situated in a well-established residential neighborhood near OKC’s urban core, offering tenants convenient access to downtown OKC, employment hubs, and shopping.
Nearby Amenities: Close to schools, parks, and quick commutes to retail centers, dining, and entertainment options.
Investment Appeal: Prime location with rental rates below market, offering potential for growth through strategic improvements or rental adjustments.
5806 NW 24th St:
Neighborhood: Located near N MacArthur Blvd and NW 23rd St, this area provides easy access to major transit routes, retail shopping, and schools.
Nearby Amenities: Proximity to local shops, healthcare services, and family-friendly recreational areas.
Investment Appeal: Stable rental demand in a neighborhood with moderate traffic, making it appealing for long-term tenants; opportunity to increase rent to market rates.
1631 NW 44th St:
Neighborhood: Nestled in a centrally located neighborhood near NW 39th Expressway, giving tenants quick access to employment centers, schools, and commercial areas.
Nearby Amenities: Close to multiple parks, schools, and convenient access to major thoroughfares for citywide connectivity.
Investment Appeal: A desirable rental area with below-market rents; potential for rent growth with minimal improvements needed.
5843 NW 24th St:
Neighborhood: Also near N MacArthur Blvd, providing similar conveniences as 5806 NW 24th, with a quiet residential setting appealing to families and long-term renters.
Nearby Amenities: Close to local shopping, restaurants, healthcare facilities, and parks.
Investment Appeal: Located in a strong rental area with reliable demand, offering room for rent increases to maximize income potential.
