1207 W Gore Blvd
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1207 W Gore Blvd
19 Unit Apartment Building $1,675,000 ($88,158/Unit) 8.06% Cap Rate Lawton, OK 73501
Investment Highlights
- Completely renovated from top to bottom, centrally located to shopping, restaurants, local hospitals and the military base. Safe and secure location.
- The two bedrooms are completely full and the one bedroom units are full or have future bookings.
- Fourteen of the units are fully furnished and set for Airbnb and Furnished Finder Rentals.
Executive Summary
This property has 14 units that are fully furnished and set for Airbnb and Furnished Finder Rentals. The two bedrooms are completely full and the one bedroom units are full or have future bookings.
The space is completely renovated from top to bottom, centrally located to shopping, restaurants, local hospitals and the military base. Safe and secure location.
The space is completely renovated from top to bottom, centrally located to shopping, restaurants, local hospitals and the military base. Safe and secure location.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $1,675,000 | Building Class | C |
Price Per Unit | $88,158 | Lot Size | 0.56 AC |
Sale Type | Investment | Building Size | 11,904 SF |
Cap Rate | 8.06% | Average Occupancy | 100% |
No. Units | 19 | No. Stories | 2 |
Property Type | Multifamily | Year Built/Renovated | 1964/2017 |
Property Subtype | Apartment | Parking Ratio | 2.6/1,000 SF |
Apartment Style | Low Rise |
Price | $1,675,000 |
Price Per Unit | $88,158 |
Sale Type | Investment |
Cap Rate | 8.06% |
No. Units | 19 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.56 AC |
Building Size | 11,904 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built/Renovated | 1964/2017 |
Parking Ratio | 2.6/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Coffee System
- Dining Room
- Double Pane Windows
- Instant Hot Water
Site Amenities
- Laundry Facilities
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 14 | $1,013 | 398 |
2+1 | 5 | $1,700 | 625 |
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PROPERTY TAXES
Parcel Number | 0041849 | Improvements Assessment | $52,183 |
Land Assessment | $6,189 | Total Assessment | $58,372 |
PROPERTY TAXES
Parcel Number
0041849
Land Assessment
$6,189
Improvements Assessment
$52,183
Total Assessment
$58,372
zoning
Zoning Code | C-5 (C-5 zoning is a commercial zoning district that allows for a variety of commercial uses) |
C-5 (C-5 zoning is a commercial zoning district that allows for a variety of commercial uses) |
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Presented by
Cox Construction
1207 W Gore Blvd
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