1207 W Gore Blvd
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1207 W Gore Blvd
19 Unit Block of Flats £1,332,114 (£70,111/Unit) 8.06% Net Initial Yield Lawton, OK 73501
INVESTMENT HIGHLIGHTS
- Completely renovated from top to bottom, centrally located to shopping, restaurants, local hospitals and the military base. Safe and secure location.
- The two bedrooms are completely full and the one bedroom units are full or have future bookings.
- Fourteen of the units are fully furnished and set for Airbnb and Furnished Finder Rentals.
EXECUTIVE SUMMARY
This property has 14 units that are fully furnished and set for Airbnb and Furnished Finder Rentals. The two bedrooms are completely full and the one bedroom units are full or have future bookings.
The space is completely renovated from top to bottom, centrally located to shopping, restaurants, local hospitals and the military base. Safe and secure location.
The space is completely renovated from top to bottom, centrally located to shopping, restaurants, local hospitals and the military base. Safe and secure location.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | £1,332,114 | Building Class | C |
| Price Per Unit | £70,111 | Lot Size | 0.56 AC |
| Sale Type | Investment | Building Size | 11,904 SF |
| Net Initial Yield | 8.06% | Average Occupancy | 100% |
| No. Units | 19 | Number of Floors | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1964/2017 |
| Property Subtype | Apartment | Parking Ratio | 2.6/1,000 SF |
| Apartment Style | Low Rise |
| Price | £1,332,114 |
| Price Per Unit | £70,111 |
| Sale Type | Investment |
| Net Initial Yield | 8.06% |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 11,904 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built/Renovated | 1964/2017 |
| Parking Ratio | 2.6/1,000 SF |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Coffee System
- Dining Room
- Double Pane Windows
- Instant Hot Water
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 14 | £805.23 | 398 |
| 2+1 | 5 | £1,352 | 625 |
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PROPERTY TAXES
| Parcel Number | 0041849 | Improvements Assessment | £41,501 |
| Land Assessment | £4,922 | Total Assessment | £46,423 |
PROPERTY TAXES
Parcel Number
0041849
Land Assessment
£4,922
Improvements Assessment
£41,501
Total Assessment
£46,423
ZONING
| Zoning Code | C-5 (C-5 zoning is a commercial zoning district that allows for a variety of commercial uses) |
| C-5 (C-5 zoning is a commercial zoning district that allows for a variety of commercial uses) |
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Cox Construction
1207 W Gore Blvd
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