Craftsman Real Estate Services

11535 Andover CourtMidwest City, OK 73130Price: $2,850,000

  • Price: $2,850,000
  • Est. Mortgage of $/month
  • 134 Days on Market
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Federal 30-year interest rate: 2.88% last updated on Sep 23, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,850,000List Price
  • 30Bathrooms
  • 28,000Square Feet

Listing Tools

Listed by Robert R Williams of Interwest Realty
This 9.0% CAP RATE offering is for a package purchase of 24 Single Family homes which are all located in Midwest City, OK. Midwest City is home to Tinker Air Force base which employs more than 26,000 military and civilian employees making it the largest single-site employer in Oklahoma, in addition there over 30,000 indirect jobs created because of the base. This package maintains 100% occupancy with the average tenancy of 3-yr 9-mos. All the tenants are market rate tenants with no housing assistance. Most of the tenants are below current market rates and have not seen an increase since their lease inception. All homes offer central heat/air, are all updated with no deferred maintenance issues. This is an excellent TURN-KEY investment opportunity. Please see attachments for RENT ROLLS, INCOME/EXPENSE ANALYSIS, and LIST of PROPERTIES..

Property Details of 11535 Andover Court

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"Based on information submitted to OK_MLSOK as of September 25, 2021 5:13 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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