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3433 U.S. 70
Ardmore, OK 73401
Asking Price
$1.20M
Cap Rate
7.65%
Asset Type
RV Park Multifamily
Class
Class B
What's Special
55-Unit Long-Term Community • 20 Acres •Value-Add <ul><li><strong style="color: rgba(31, 31, 31, 1)">Substantial Utility Bill-Back Upside</strong><span style="color: rgba(31, 31, 31, 1)"> - All utilities are included in rent with no submetering in place. Electricity and water alone cost roughly $56,000/year. A conservative 60% recovery through submetering or a RUBS program adds approximately $34,000 to annual NOI — the property's single largest and most controllable value-creation lever. </span></li></ul><p></p><ul><li><strong style="color: r
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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657
