About this property

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!

Features and Additional Information