4001 Ozmun AveLawton, OK 73505
- Apartment buildings
Property Details for 4001 Ozmun Ave
- Year built
- 1986
- Property type
- Apartment buildings
Description
This exceptional 12-unit apartment building presents a compelling investment opportunity in Lawton, Oklahoma. Priced at $1,200,000, this property boasts a strong 7.00% capitalization rate, generating a net operating income (NOI) of $84,012. The complex comprises two, two-story buildings constructed in 1986, offering a mix of eight two-bedroom/two-bathroom units and four one-bedroom/one-bathroom units. Significant capital improvements have been undertaken within the past year, encompassing partial to full renovations of all units. This ensures a high-quality rental inventory and minimizes immediate maintenance needs. The property's strategic location offers convenient access to Fort Sill and Interstate 44, providing strong tenant demand and potential for future appreciation. Its proximity to Fort Sill's Bentley Gate further enhances its appeal to military personnel and their families. This is a turnkey investment ready for immediate income generation. Note that this is one of four multifamily portfolios available from the seller. The property is located at 4001 NW Ozmun Ave, Lawton, OK 73505, in Comanche County.
Location Insight
- City
- Lawton
- County
- Comanche
- State
- Oklahoma
- Latitude
- 34.6377
- Longitude
- -98.4433
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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