1000 / 1002 nw 90th, oklahoma city, oklahoma...the information contained herein has been submitted...

The information contained herein has been submitted by various sources but not guaranteed or verified by Ed Zinnamon or First Commercial Real Estate OKC

1000 / 1002 NW 90th, Oklahoma City, OklahomaDuplex

Investment OpportunityExclusively Presented by:: Ed Zinnamon

Broker / Owner

405-840-1300 ext. 104405-990-8290 [email protected] Email

CONTACT::

OFFERING MEMORANDUMPart of Duplex Package

OFFERING MEMORANDUM INDEX


Duplex

COVER PAGE

INDEX

DISCLAIMER

PROPERTY HIGHLIGHTS

LOCATION PAGE

PROPERTY FOOTPRINT

PICTURES

BROKER PROFILE

REPORT TITLE PAGE

1000 / 1002 NW 90th, Oklahoma City, Oklahoma

DISCLAIMER

This Offering Memorandum has been prepared to provide summary information to prospective buyers and to establish an initial and preliminary level of interest in the property described herein. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. First Commercial Real Estate Services OKC / Zinnamon Inc and/or it’s agents cannot and do not guarantee any rate of return or investment timeline based on the information presented herein.

While the information presented in this Offering memorandum has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Including but not limited to investigation of the actual property, the tenants, the operating history, financial reports, leases, square footage, age or any other aspect of the property, including but not limited to the actual number of appliances being conveyed or any potential environmental problems that may exist and makes no warranty or representation whatsoever concerning these issues.

This Offering Memorandum is not intended to present all material information regarding the subject property and is not a substitute for a complete and thorough due diligence investigation. First Commercial Real Estate Services OKC / Zinnamon Inc and/or its agents recommend that prospective buyers conduct an in-depth investigation, analysis, due diligence of the physical and financial aspects of the property to determine if the property meets their needs and expectations. First Commercial Real Estate Services OKC / Zinnamon Inc and/or its agents recommends that prospective buyers consult with qualified professionals regarding the presence of any molds, funguses, or other organisms that may adversely affect the property and the health of individuals. We also recommend that prospective buyers consult with their tax, financial and legal advisors on any matter that may affect their decision to purchase the property and the subsequent consequences of ownership.

By reading and reviewing the information contained in this offering memorandum, the user acknowledges and agrees that First Commercial Real Estate Services OKC / Zinnamon Inc., and/or its agents do not assume and hereby disclaim any liability to any party for any loss or damage caused by the use of the information contained herein, or errors or omissions in the information contained in this offering memorandum, to make any investment decision, whether such errors or omissions result from negligence, accident or any other cause.

The material contained in this document is not to be copied and/or used for any purpose or made available without the express written consent of First Commercial Real Estate Services OKC / Zinnamon Inc., and/or its agents

Duplex1000 / 1002 NW 90th, Oklahoma City, Oklahoma


PROPERTY HIGHLIGHTS

Duplex

1 Story Investment Property consisting of 2 units

Both units are 1 bedroom and 1 bathroom

Rents $550

1,541 sf Total

Building is Brick and siding on crawl space foundation

Property located on a nice corner lot

Property was built in 1935

Window Air / Wall Heat

Property is located in the Oklahoma City School District


LOCATION PAGE


Duplex

Property is located in the Northern Central OKC. This area is located close to Edmond and some the newest retail area being developed just this year.

SUBJECT PROPERTY



PROPERTY FOOTPRINT



PICTURES



Duplex

PICTURES



Ed Zinnamon is the owner and principle broker of First Commercial Real Estate Services OKC. He has grown up in the multi family business with a family history of building, owning, and managing thousands of units.

Ed started out while in grade school helping the family with their apartments with cleaning, painting, pool cleaning, landscaping and later moved into on site management.

In 1989, Ed obtained his real estate license in Arkansas and quickly became known as an apartment guy. This led to him moving to Oklahoma City in 1997 and opening his own brokerage company in 1998. Since beginning his real estate career he has participated in over $350,000,000 in multi family transactions.

Ed has also been a partner in a local property management company that at one time was managing over 600 units with several different investors. These units ranged from single family and duplex's up to units over 100 units.

Ed is also a partner / owner of Millionaire Possibilities, one of the largest attended Real Estate Investor Clubs in this part of the country.

Ed also owns Ed Zinnamon Real Estate Services, offering coaching, consulting, asset management and teaches several times a year class’s on multi family investing, such as “how to analyze apartments” and “Multifamily Wealth Workshop”

BROKER PROFILE


REPORT TITLE PAGE


Duplex

THE FOLLOWING PAGES INCLUDE BUT NOT LIMITEDTO:

• PROPERTY INFORMATION

• DEMOGRAPHICS

• MAPS

• AND ADDITIONAL INFORMATION.

The follow Report has been provided and submitted by various sources that have proven to be reliable. However, is not guaranteed or verified by Ed Zinnamon or First Commercial Real Estate OKC


1000 NW 90th St, Oklahoma City, OK 73114-2606, Oklahoma County

MLS Beds1

MLS Sq Ft1,541

Lot Sq Ft4,800

MLS Baths1

Yr Built1935

TypeDUPLEX

LOCATION INFORMATION

School District Name Oklahoma City #89 Carrier Route C042Subdivision Britton City Second Traffic CurbTownship Oklahoma City Topography Flat/LevelCensus Tract 1063.01

CHARACTERISTICS

Land Use - Universal Duplex Interior Wall DrywallLand Use - County Residential Heat Type FurnaceLot Area 4,800 Fireplace YLot Acres 0.1102 Fireplaces 2Lot Frontage 50 Basement Type MLS: ConventionalLot Depth 96 Exterior Frame/Masonry# of Buildings 1 Roof Type GableBuilding Sq Ft 1,541 Roof Material Composition ShingleGross Area 1,541 Roof Shape Gable/HipAbove Gnd Sq Ft 1,541 Porch PorchStyle Duplex Porch Type PorchBuilding Type Duplex Porch 1 Area 132Stories 1 Year Built 1935Total Rooms 6 Condition AverageBedrooms Tax: 4 MLS: 1 Quality FairFull Baths Tax: 2 MLS: 1 Utilities Utilities AvailableTotal Baths Tax: 2 MLS: 1

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details Courtesy of Ed Zinnamon, MLSOK, Inc Generated on: 08/14/20The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can beindependently verified by the recipient of this report with the applicable county or municipality.

Page 1/5

1000 NW 90th St, Oklahoma City, OK 73114-2606, Oklahoma County

POPULATION

SUMMARY

Estimated Population 20,617Population Growth (since 2010) 18.3%Population Density (ppl / mile) 2,195Median Age 31.08

HOUSEHOLD

Number of Households 7,991Household Size (ppl) 3Households w/ Children 2,660

AGE

0

500

1000

1500

2000

0-4 5-9 10-14 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 70-74 75-79 80-84 >85

GENDER

Male

47.36%

Female

52.64%

MARITAL STATUS

3.16%

4.13%

14.21%

34.74%

43.76%

Separated

Widowed

Divorced

Married

Single

HOUSING

SUMMARY

Median Home Sale Price $66,000Median Year Built 1962

Neighborhood Profile Courtesy of Ed Zinnamon, MLSOK, Inc Generated on: 08/14/20The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can beindependently verified by the recipient of this report with the applicable county or municipality.

Page 2/5

OCCUPANCY

Vacant

Owner

14.20%

40.40%

Rented

45.40%

FAIR MARKET RENTS (COUNTY)

$0

$200

$400

$600

$800

$1000

$1200

$1400

Studio 1 BD 2 BD 3 BD 4 BD

QUALITY OF LIFE

WORKERS BY INDUSTRY

Agricultural, Forestry, Fishing 51Mining 184Construction 1,079Manufacturing 698Transportation and Communications

244

Wholesale Trade 89Retail Trade 1,449Finance, Insurance and Real Estate

408

Services 695Public Administration 300Unclassified 23

WORKFORCE

Blue Collar

42.00%

White Collar

58.00%


Page 3/5

RADIUS: 1.00 MILE(S)

HOUSEHOLD INCOME

$0-$10K

$10K-$15K

$15K-$20K

$20K-$25K

$25K-$30K

$30K-$35K

$35K-$40K

$40K-$45K

$45K-$50K

$50K-$60K

$60K-$75K

$75K-$100K

$100K-$125K

$125K-$150K

$150K-$200K

$200K-$250K

$250K-$500K

>$500K

0 200 400 600 800

Average Household Income $53,302 Average Per Capita Income $20,670

COMMUTE METHOD

Public

Home

1.66%

3.60%

Self

Drive

0.91%

93.83%

WEATHER

January High Temp (avg °F) 47.1January Low Temp (avg °F) 26.2July High Temp (avg °F) 93.1July Low Temp (avg °F) 70.8Annual Precipitation (inches) 35.85

EDUCATION

EDUCATIONAL CLIMATE INDEX (1)

5

4

3

2

1

HIGHEST LEVEL ATTAINED

Less than 9th grade 611Some High School 1,246High School Graduate 3,814Some College 3,460Associate Degree 675Bachelor's Degree 1,740Graduate Degree 671

(1) This measure of socioeconomic status helps identify ZIP codes with the best conditions for quality schools. It is based on the U.S. Census Bureau's Socioeconomic Status (SES) measure with weights adjusted to more strongly reflect the educational aspect of social status (education 2:1 to income & occupation). Factors in this measure are income, educational achievement and occupation of persons within the ZIP code. Since this measure is based on the population of an entire ZIP code, it may not reflect the nature of an individual school.(2) Powered by Onboard Informatics. Information is deemed reliable but not guaranteed. Copyright © 2014 Onboard Informatics. All rights reserved.

SCHOOLS

PUBLIC - ELEMENTARY

Oklahoma City PublicSchools

Distance Grades Students Students per Teacher SchoolDigger.com Rating (1)


Page 4/5

RADIUS: 1.00 MILE(S)

Britton Elementary School

0.43 Pre-K-6th 650 19

Nichols Hills Elementary School

0.84 Pre-K-6th 465 18 3

North Highland Elementary School

0.93 Pre-K-6th 400 19

Oklahoma City Public Schools Community Rating (2)

Britton Elementary School

Nichols Hills Elementary School

North Highland Elementary School

(1) SchoolDigger Ratings provide an overview of a school's test performance. The ratings are based strictly on test score performance for that state's standardized tests. Based on a scale of 1-5. (© 2006-2016 SchoolDigger.com)(2) The community rating is the overall rating that is submitted by either a Parent/Guardian, Teacher, Staff, Administrator, Student or Former Student. There will be only one rating per school. Based on a scale of 1-5.(3) Powered by Onboard Informatics. Information is deemed reliable but not guaranteed. Copyright © 2014 Onboard Informatics. All rights reserved.

LOCAL BUSINESSES

EATING - DRINKING

Address Phone # Distance Description

Dr Paulo's Kona Coffee Plnttns

1124 Nw 92nd St (405) 722-3817 0.19 Coffee And Tea

Snooker Parlour 9321 N Classen Blvd (405) 463-5611 0.23 BarsFamily Dollar Store 804 W Britton Rd (405) 842-9465 0.27 Grocery Stores And Market

sCut The Cake 817 W Britton Rd (405) 842-2253 0.28 Bakers - RetailTaco Mayo 1200 W Britton Rd (405) 840-5879 0.31 Restaurants - MexicanSpeedy C Store 1239 W Britton Rd (405) 843-2405 0.35 Convenience StoresChina House Express 1318 W Britton Rd (405) 843-5818 0.39 Restaurants - ChineseClassics Bar & Grill 8310 N Western Ave (405) 810-8440 0.51 BarsAsian Cafe 1428 W Britton Rd (405) 286-9179 0.53 Restaurants - AsianBritton Thai 1428 W Britton Rd (405) 286-9179 0.53 Restaurants - Thai

SHOPPING

Address Phone # Distance Description

Western Trail Trading Post 9100 N Western Ave (405) 208-8833 0.06 Music DealersBlue Streak LLC 1114 Nw 90th St (405) 252-4138 0.08 Cable And CatvLanghorne Place Antiques 9115 N Western Ave (405) 848-3192 0.09 Antiques - DealersJsi Warehouse 9200 N Western Ave (405) 478-2122 0.1 Home And GardenNearly New 9218 N Western Ave (405) 848-4141 0.11 Consignment ShopsBritton Lumber & Supply Inc 9223 N Western Ave (405) 848-8851 0.12 LumberArrow Hardwood Floors 1133 Nw 92nd St (405) 843-1310 0.22 Floor Laying And Refinishi

ngQuality Floor Co 8636 N Classen Blvd (405) 848-9324 0.26 Floor MaterialsFamily Dollar Store 804 W Britton Rd (405) 842-9465 0.27 Variety StoresSeven Beauty Supply 1207 W Britton Rd (405) 848-4728 0.32 Cosmetics And Perfumes -

Retail


Page 5/5

1000 / 1002 nw 90th, oklahoma city, oklahoma...the information contained herein has been submitted...

Documents