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Melrose Oaks is a multifamily community located on the west side of OKC metro. <ul><li>Rents are significantly below market rents</li><li>Ability for an owner to perform maintenance inhouse</li><li>Self-management allowing for oversight of the property and reduced expenses</li><li>Implementation of RUBS</li><li>16 unit community with 4 buildings.</li><li>Each building has 2 downstairs, and 2 upstairs units</li><li>All units are 2 bed, 2 bath with 850 SF Units</li><li>Occupancy remains consistently at 100%</li><li>Nearby I-40, I-44, and the Kilpatrick turnpike</li>
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.