$299,000 $1,793 est/mo Sourced by Back At You

20 SW 23rd Street,Oklahoma City, OK 73109

Oklahoma City OK, 73109

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Description

***Motivated seller. BRRRR opportunity. Property being sold "As-is"*** Welcome to your next investment opportunity at 20 SW 23rd St, OKC, OK, 73109! This 6-unit apartment complex, strategically located near downtown OKC and just a 2-minute drive from the Paycom Center, is a savvy investor's dream. The landlord takes care of all bills, making this property easy to keep full. With current rents below market value, there's substantial room for growth, ensuring a solid return on investment. Take a closer look at the individual units: Unit 1: A spacious 2-bed, 1-bath currently rented at $725, but the market supports $925. Unit 2: Another 2-bed, 1-bath unit, currently vacant, with the potential to increase to the market rate of $925. Unit 3: A comfortable 1-bed, 1-bath apartment currently rented at $725, and the market suggests an increase to $750. Unit 4: This 1-bed, 1-bath unit commands a rent of $775 which is right at market value. Unit 5: Another 1-bed, 1-bath currently rented at $725, with the market supporting an increase to $750. Unit 6: A 1-bed, 1-bath unit, currently vacant, presenting a fantastic opportunity to set the rent at the market rate of $750. With its prime location, landlord pays all bills, and the potential for increased rental income, this apartment complex near downtown OKC is not to be missed. Seize the opportunity to maximize your investment returns and schedule a showing today!

Details

MLS#1108910
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1935
Days On Site68
Listing Provided ByH&W Realty Branch | Breann Green

Features

SQ Feet2,862
Story(s)2

Market Activity 73109

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Learn More About This Property

StateOK
CountyOklahoma
CityOklahoma City
Zip Code73109
School DistrictOklahoma
School DistrictOklahoma City
Elementary SchoolWheeler ES
Middle SchoolWebster MS
High SchoolCapitol Hill HS
Listing VS Median (in 73109)
Price:
$299,000
low | high
Med:
$195,000
84.782608695652% of Average
SqFt:
2,862
low | high
Med:
1,455
99.16142557652% of Average
$ / SqFt:
$104
low | high
Med:
$134
21.716718960108% of Average
On Site:
68
low | high
Med:
12.000000
100% of Average
Sourced by Back At You
Listing Updated: May 6, 2024 at 1:20:06 PM PDT