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401 W Davis Ave

6,550 SF Speciality Building Offered at £294,305 at a 9.18% Net Initial Yield in Weatherford, OK 73096

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Investment Highlights

Strong average household income of $77,624 within five miles of the property
Weatherford, Oklahoma, is located approximately 60 miles west of Oklahoma City and is home to 28,400 residents

Facility is located across the street from Southwestern Oklahoma State University which has an enrollment of 5,163 students

Executive Summary

The facility is comprised of 52 non-climate units totaling 6,550 net rentable square feet. The facility currently shares a parcel with a gas station and convenience storage and will need to be subdivided while under contract.

Property Facts

Price	£294,305	Building Class	B
Price Per SF	£45	Lot Size	0.84 AC
Sale Type	Investment	Building Size	6,550 SF
Net Initial Yield	9.18%	Number of Floors	1
Property Type	Speciality	Year Built	1975
Property Subtype	Self-Storage	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£294,305
Price Per SF	£45
Sale Type	Investment
Net Initial Yield	9.18%
Property Type	Speciality
Property Subtype	Self-Storage
Building Class	B
Lot Size	0.84 AC
Building Size	6,550 SF
Number of Floors	1
Year Built	1975
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.