Multi-Family Rental

1815 North Gatewood Avenue
Oklahoma City, OK 73106

Price: $326,000

Cap Rate: 4.9%

Total Monthly Rent Income: $2,300

Property Summary

Units: 2
Beds: 4
Baths: 2
SQ/FT: 2,208
Year Built: 1928

Flood Insurance Required: No

Mechanical Summary

Heating Type: Central
Air Conditioning Type: Central

Hot Water Tank Type: Gas

Foundation Type: Crawl Space
Foundation Condition:
Good

Roof Type: Composition 
Roof Age:
Unknown

Unit 1

Lease Summary

Currently Leased: Yes
Leased Section 8: No

Original Lease Start Date: 01/12/2021
Lease End Date: 01/31/2022

Monthly Rent Rate: $1,100
Monthly Pet Rent Rate: $0

Security Deposit: $1,100
Pet Deposit: $0

Number Of Pets: 1

Owner Paid Utilities: Water and Sewage
Owner Paid Lawncare: Yes
Lease Concessions:  No

Mechanical Summary

Heating Age: 2021
Air Conditioning Age: 
2012
Hot Water Tank Age:
2008
Electric Panel Functional:
Yes
Plumbing Functional: Yes

Unit 2

Lease Summary

Currently Leased: Yes
Leased Section 8: No

Original Lease Start Date: 05/26/2021
Lease End Date: 05/31/2022

Monthly Rent Rate: $1,200
Monthly Pet Rent Rate: $50

Security Deposit: $1,200
Pet Deposit: $0

Number Of Pets: 2

Owner Paid Utilities: Water and Sewage
Owner Paid Lawncare: Yes
Lease Concessions: No

Mechanical Summary

Heating Age: 2015
Air Conditioning Age: 
2015
Hot Water Tank Age: 
2014
Electric Panel Functional:
Yes
Plumbing Functional: Yes

Supporting Documentation

MARKET ANALYSIS
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FINANCIAL PROJECTION
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PROFIT AND LOSS STATEMENT
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TERMITE INSPECTION REPORT
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INSURANCE QUOTE
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THIRD PARTY INSPECTION REPORT
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REPAIR BID
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TENANT LEDGER UNIT 1
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TENANT LEDGER UNIT 2
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