This 9.0% CAP RATE offering is for a package purchase of 24 Single Family homes which are all located in Midwest City, OK. Midwest City is home to Tinker Air Force base which employs more than 26,000 military and civilian employees making it the largest single-site employer in Oklahoma. This package maintains 100% occupancy with the average tenancy of 3-yr 9-mos. All the tenants are market rate tenants with no housing assistance. Most of the tenants are below current market rates and have not sen an increase since their lease inception. All homes offer central heat/air, are all updated with no deferred maintenance issues. This is an excellent TURN-KEY investment opportunity. Please see attachments for RENT ROLLS and INCOME/EXPENSE ANALYSIS.
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