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Updated over 3 years ago,
6 House Rental Portfolio in Norman, OK
Hello investors! I have a great rental opportunity for you in Norman, OK. There are 6 single family properties, each with 3 bed, 2 bath, 2 car garage. They are all located very close to each other (3 are on the same street). 5 out of 6 are currently occupied with tenants in place ranging from 5-17 years. There is a potential cap rate of 10.78% if you bring these properties up to market rent. The tenants are aware the properties are being sold and that rent may increase. Each house got a new roof after a recent hailstorm. Please reach out to me if you are interested in this opportunity.