Two occupied single-family homes, 87 storage units, and 60 parking spaces on 2.5 acres located in the heart of Northwest Oklahoma City! One of the homes is beautifully remodeled with one bed, one bath and occupied at $800 per month. The second home is a value-add opportunity. Rented to long-term tenants on a month-to-month lease at $675 per month. It is ready for a facelift and rent rate increase. The self-storage facility is located behind the single-family homes. Signage advertises the facility to the public while an electronic gate and security cameras keep the property secure. With 61 of the 87 storage units and 36 of the 60 parking spaces leased, the 2024 projected gross income for the units and spaces alone is over $36,000. Planned maintenance expenses are low with water, electricity, and lawn care for 2023 totaling just over $2,500. Reach out to discuss your next investment opportunity!
The median home value in Oklahoma City, OK is $187,700. This is lower than the county median home value of $193,400. The national median home value is $338,100. The average price of homes sold in Oklahoma City, OK is $187,700. Approximately 54% of Oklahoma City homes are owned, compared to 36.04% rented, while 9.97% are vacant. Oklahoma City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Oklahoma City real estate agent to arrange a tour today!
Oklahoma City, Oklahoma 73127 has a population of 673,183. Oklahoma City 73127 is less family-centric than the surrounding county with 30.08% of the households containing married families with children. The county average for households married with children is 30.67%.
The median household income in Oklahoma City, Oklahoma 73127 is $59,679. The median household income for the surrounding county is $58,239 compared to the national median of $69,021. The median age of people living in Oklahoma City 73127 is 34.9 years.
The average high temperature in July is 92.9 degrees, with an average low temperature in January of 27.1 degrees. The average rainfall is approximately 35.6 inches per year, with 5.8 inches of snow per year.