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408 Summit Ridge Dr.
Oklahoma City, OK 73114
Asking Price
$1.29M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 5.75 acres <ul><li>5.75 AC Greenfield Land</li><li>Zoned R-4 (Single Family, Duplex, Multi Family)</li><li>1 Block NE of Broadway & Hefner (100K+ VPD)</li><li>Within 3 Miles of Broadway Medical Community, "The Half" Mixed-Use Entertainment District, and the new Belle Isle Enterprise High School, which is set to open in Fall 2027.</li></ul>
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NOI
$80,000
Cap Rate
6.20%
DSCR
1.04
Tight
Cash-on-Cash
0.88%
Monthly Payment
$6,382.216
Annual Cash Flow
$3,413.406
