22 p ro p e rt y in v e s t m e n t po rt f o l i o · 22 p ro p e rt y in v e s t m e n t po rt f...
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2 2 P r o p e r t y I n v e s t m e n t
P o r t f o l i o
Oklahoma City Oklahoma
4 0 5 . 2 0 7 . 4 8 4 8
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THE OFFERING
Chamberlain Realty, LLC is pleased to present the opportunity to purchase 22 properties in the Northwest Oklahoma City area. These properties have been well maintained and are a turn key, cash flowing opportunity. There is a huge upside potential both in terms of raising rents to market rate and updating the properties that have not been updated yet. There are two duplexes in the portfolio which bring the total number of rentable units to 24.
PROPERTY FACTS
PROPERTY : Single Family/Duplex
# of units: 24 # of occupied units: 22 Gross annual income: $199,800
Gross potential income: $235,200
TERM : CASH
Owner carry: No
INVESTMENT SUMMARY ASKING PRICE : $2,000,000
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p r o p e r t y d e t a i l s .
Overview
Beds Baths Occupied SF Rent Potential Rent Estimated Value
3128 NW 27th 2 1 Yes 1,248 $750 $750 $122,500
3805 NW 25th 3 1 No 1,408 $850 $850 $125,000
3805 NW 22nd 2 1 Yes 866 $500 $800 $90,000
3533 NW 52nd 2 1 Yes 1,140 $850 $850 $120,000
3021 Fairfield 2 1 Yes 847 $600 $900 $105,000
1324 NW 82nd 2 1 Yes 696 $700 $850 $65,000
1151 NW 84nd 2 1 Yes 754 $700 $850 $65,000
915 Kenilworth 3 1 Yes 1,054 $625 $1000 $90,000
1312 Sheffield 2 1 No 736 $950 $950 $95,000
2200 Carlisle 2 1 Yes 768 $800 $950 $95,000
1428 NW 95th 2 1 Yes 816 $650 $650 $65,000
809 NW 91st* 2 2 Yes 1,194 $1000 $1000 $90,000
1105 NW 104th 3 1 Yes 1,267 $800 $1000 $93,000
1205 NW 104th 3 2 Yes 1,363 $675 $1000 $90,000
1416 NW 103rd 3 1 Yes 1,116 $675 $975 $86,000
1224 NW 104th Terr 3 2 Yes 1,363 $875 $1000 $105,000
1125 NW 104th Terr 3 1.5 Yes 1,187 $775 $950 $105,000
621 NW 109th 2 1 Yes 924 $650 $650 $77,000
810 NW 109th 3 1 Yes 1,358 $650 $800 $82,500
812 NW 109th* 2 1 Yes 1,040 $500 $500 $114,000
814 NW 109th* 3 1 Yes 0 $675 $675 $0
604 NW 89th 2 1 Yes 748 $650 $650 $64,000
1120 NW 104th Terr 3 2 Yes 1,310 $750 $1000 $106,000
$16,650 $19,600 $2,050,000
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Profit & Loss Statements
2018 2019
Gross Income $163,860 Gross Income $183,600
Labor $299 Labor $7,541
Utilites $3,667 Utilites $1,829
Insurance $20,629 Insurance $22,224
Taxes $16,556 Taxes $20,364
Cap Ex $26,937 Cap Ex $8,111
NOI $122,709 NOI $130,057
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Profit & Loss Statements
Property Updates: Property #1: 3128 NW 27th - new hardiplank siding- new windows- new kitchen
Property #2: 3805 NW 25th - new exterior and interior paint- newly refinished hardwood floors- new kitchen
Property #3: 3805 NW 22nd - new windows within the last 4 years
Property #4: 3533 NW 52nd - completely remodeled inside and out- new windows- new hardiplank siding- granite counter tops
Property #5: 3021 Fairfield - not updated
Property #6: 1324 NW 82nd - not updated
Property #7: 1151 NW 84th - refinished hardwood floors- in need of new roof
Property #8: 915 Kenilworth - new plumbing throughout
Property #9: 1312 Sheffield - new everything- new hardwood floors- new granite countertops
Property #10: 2200 Carlisle - recently update within the last two years- new granite counter tops
Property #11: 1428 NW 95th - complete remodel less than 2 years ago- new plumbing- new driveway- new hot water tank
Property #12: 809 NW 91st (DUPLEX) - not updated
Property #13: 1105 NW 104th - not updated, well kept
Property #14: 1205 NW 104th - not updated, well kept
Property #15: 1416 NW 103rd - not updated
Property #16: 1224 NW 104th Terrace - recently updated- fireplace
Property #17: 1125 NW 104th Terrace - not updated
Property #18: 621 NW 109th - updated recently- refinished wood floors
Property #19: 810 NW 109th - completely remodeled inside and out less than 6 years ago
Property #20: 812/814 NW 109th (DUPLEX) - not updated
Property #21: 604 NW 89th - not updated
Property #22: 1120 NW 104th Terrace - not updated
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