3 units being sold as a package for serious investors looking for CASH
FLOW in Oklahoma. Forbes says Oklahoma is the MOST RECESSION PROOF
city in the US. Read the story here:
http://www.forbes.com/realestate/2008/04/29/cities-recession-places-forbeslife-cx_jz_0429realestate.html
3 rental units, all currently rented Sec 8, great tenants. First
lease not due up until October, due for a rent increase. Other 2 are
new as of March/April 08. Sold as a package only.
All units remodeled within the last 3 years.
Unit 1:
3/1/1 House in NE OKC, nicer neighborhood. Leased 650.00 mth. New
central heat/air system in 2006.
Unit 2:
2/1/2 Townhouse in NW OKC, total remodel in 2005, including new roof
and vinyl siding. Complex has pool. Leased $550.00 mth, needs rent
increase. Lease up on October 08.
Unit 3:
3/2/0 Townhouse in Norman, remodeled 2008. Close to OU University.
Leased 650.00 mth. New laminate floors, dishwasher. Complex has
pool. HOA takes care of all outside and insurance walls out. Lease
up April 09, rent should go to 700.
Total Rents $1850/month. Taxes, Insur., HOA totals $190.00 month.
That's $1660 Net Rents before debt service. Very little maintenance
2008 Appraisal $158,069. Price $140,000 firm, cash no owner carry.
Contact:
Dutch Revenboer dutch @ OkHomesavers DOT com
405-590-6563 or Toll free
1-800-695-0257
www.OkHomesavers.com
Helping Homeowners in Central Oklahoma
STOP FORECLOSURE / SAVE YOUR HOME / SAVE YOUR CREDIT
http://www.OKHomesavers.com
We Pay CASH for Referrals!!