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Bridge Creek Fourplex 1072 County Street 2958 4 Unit Apartment Building $969,664 CAD ($242,416 CAD/Unit) 8.75% Cap Rate Tuttle, OK 73089
INVESTMENT HIGHLIGHTS
- Strong Financials – $61,00 NOI, 8.75% Cap Rate
- Nice well maintained property. Located across HWY 4 from Bridgecreek School with a Tuttle, Oklahoma mailing address.
- Priced Below Replacement Cost – Offered at just $83.23/SF ± for 8,350 SF ± on 1.5 acres
- Great location with quick access to interstate and major employers in OKC and Norman.
EXECUTIVE SUMMARY
Value-Add 4-Unit Multifamily | 8,350 SF ± | 8.66% Cap | Below Replacement Cost | Bridge Creek, OK
Located in the serene countryside of Bridge Creek, OK, this 4-unit multifamily property spans approximately 8,350 SF on 1.5 acres and delivers strong returns with potential for upside. Built in 2001 and remodeled in 2016, it's offered at just $83.23/SF ±—well below replacement cost.
Financials:
• Offered at: $695,000
• Net Operating Income: $60,821
• Cap Rate: 8.75%
• Cash-on-Cash Return: 11+%
• Low operating expenses – only owner-paid utility is well house electric (avg. $38/mo)
• All units separately metered for electric
Strategically located just west of SH-4 and the H.E. Bailey Turnpike Spur, the property is minutes from Oklahoma City and Norman. Proximity to major employers—including Norman Regional Health System, Riverwind Casino, and the University of Oklahoma—adds rental demand and tenant stability.
Unit Mix:
Unit A: 4 bed, 2.5 bath – ±2,600 SF
Unit B: 4 bed, 2 bath – ±2,300 SF
Unit C: 1 bed, 1.5 bath – ±1,300 SF
Unit D: 3 bed, 2.5 bath – ±1,550 SF
Shown by appointment only. Please do not disturb tenants.
Full rent roll and financials available upon request.
Located in the serene countryside of Bridge Creek, OK, this 4-unit multifamily property spans approximately 8,350 SF on 1.5 acres and delivers strong returns with potential for upside. Built in 2001 and remodeled in 2016, it's offered at just $83.23/SF ±—well below replacement cost.
Financials:
• Offered at: $695,000
• Net Operating Income: $60,821
• Cap Rate: 8.75%
• Cash-on-Cash Return: 11+%
• Low operating expenses – only owner-paid utility is well house electric (avg. $38/mo)
• All units separately metered for electric
Strategically located just west of SH-4 and the H.E. Bailey Turnpike Spur, the property is minutes from Oklahoma City and Norman. Proximity to major employers—including Norman Regional Health System, Riverwind Casino, and the University of Oklahoma—adds rental demand and tenant stability.
Unit Mix:
Unit A: 4 bed, 2.5 bath – ±2,600 SF
Unit B: 4 bed, 2 bath – ±2,300 SF
Unit C: 1 bed, 1.5 bath – ±1,300 SF
Unit D: 3 bed, 2.5 bath – ±1,550 SF
Shown by appointment only. Please do not disturb tenants.
Full rent roll and financials available upon request.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $969,664 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $242,416 CAD | Lot Size | 1.53 AC |
| Sale Type | Investment | Building Size | 8,350 SF |
| Cap Rate | 8.75% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 2001/2016 |
| Property Subtype | Apartment | ||
| Zoning | County | ||
| Price | $969,664 CAD |
| Price Per Unit | $242,416 CAD |
| Sale Type | Investment |
| Cap Rate | 8.75% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Lot Size | 1.53 AC |
| Building Size | 8,350 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 2001/2016 |
| Zoning | County |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2.5 | 2 | $2,511 CAD | 2,300 - 2,600 |
| 2+2.5 | 1 | $1,674 CAD | 1,950 |
| 3+2.5 | 1 | $2,093 CAD | 1,500 |
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Bridge Creek Fourplex | 1072 County Street 2958
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