6401 NW Oak Ave

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6401 NW Oak Ave

Lawton, OK 73505
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 25 Units <p><strong style="color: rgba(0, 7, 89, 1)">1. Mark-to-Market Rent Upside</strong></p><p><span style="color: rgba(57, 57, 57, 1)">Current rents average approximately $548 per unit, materially below submarket comparables averaging approximately $712, indicating a significant gap between in-place income and achievable market rents.This spread provides a clear opportunity for a new owner to increase revenue through a phased rent growth strategy driven by lease renewals and unit turns. Given the aff

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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