Great value apartment, close to Cameron university and Fort Sill Army base. There are 16 units, plus a duplex, totaling 18 rentals. Average rent is $5200 per month ($325 per unit) with expenses totaling $2000...cap rate=10%. The duplex contains a storage shed, and two vacant lots next door. the complex is electric only. Seller will finance 80% of purchase price (20 year loan @ 4% interest rate-fully amortized).
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
