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Updated over 10 years ago on . Most recent reply

User Stats

41
Posts
7
Votes
Justin Brophy
  • Brea, CA
7
Votes |
41
Posts

Should I buy this Condo in Norman, OK?

Justin Brophy
  • Brea, CA
Posted

Hello all,

I have a possible deal in the works and would like to get some feedback from the BP community.

The condo is located in Norman, OK 73071 area code, very close to OU.  It is a 2 bedroom/2 bathroom condo; 1008 square feet.  The property currently rents for 900.00.  My business partner and I can most likely secure the deal between 85k - 90k. (This property will be buy and hold for at least a few years)

**Comps in the same complex are around 95k.

 Any insight/feedback on this deal would be much appreciated. Thanks again.

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