Neighborhood: Mckenzie Knight, Wichita County (93)
Calling All Investors! Strong value-add opportunity! 26 unit apartment complex and a 53 unit mini storage facility on side by side parcels. Apartment complex offers a strong value-add opportunity. Cash-flows Day 1. Going in Cap of 6.56%. After renovations and stabilization cap rate of 9%, IRR 26% & Cash on Cash 15.45%. 10 units have been fully renovated. 4 units partially renovated. 12 classic units ready to renovate as they turn. Storage MLS Listing number is 14555167. Contact me today for additional information.
Listing Agent: Keith Auten Courtesy of: Auten Realty LLC Properties marked by the NTREIS Logo are courtesy of the NTREIS Multiple Listing Service. Property listing data provided by NTREIS multiple listing service. You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. Updated: 24th June, 2021 9:45 PM
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