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408 Chautauqua 4 plex close to OU 408 Chautauqua Ave 4 Unité Immeuble d’appartements 696 331 $ CAD (174 083 $ CAD/Unité) Norman, OK 73069



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Faits saillants de l'investissement
- 100% occupied. Close to University of Oklahoma
Résumé de l'annonce
Exceptional opportunity to acquire a fully leased multifamily asset in one of Norman's most desirable rental corridors, just minutes from the University of Oklahoma. Located in the heart of the campus area, 408 Chautauqua Avenue consists of four one-bedroom, one-bathroom units that cater to the strong and consistent demand generated by OU students, faculty, staff, and young professionals.
The property features four separately metered units, allowing tenants to pay their own utilities and minimizing owner operating expenses. With all units currently leased, investors benefit from immediate in-place cash flow and a stabilized income stream from day one. The building offers a highly efficient unit mix, attractive to renters seeking affordable housing within close proximity to campus, Campus Corner, and downtown Norman amenities.
Originally constructed in 1930 and configured as a four-unit multifamily property, the asset provides a proven rental history in a location known for strong occupancy and enduring tenant demand. The property's walkable location near the University of Oklahoma enhances its long-term investment appeal and provides a significant competitive advantage within the Norman rental market.
Investment Highlights
Four (4) one-bedroom, one-bathroom units
gas range and refrigerator in each unit
Fully leased with immediate cash flow
Separately metered units
large basement
mock fireplace in one unit
Prime location near the University of Oklahoma
Consistent student and workforce rental demand
Low-maintenance multifamily investment opportunity
Strong long-term appreciation potential in a proven rental submarket
408 Chautauqua Avenue presents investors with the rare combination of stabilized occupancy, efficient operations, and an irreplaceable location near one of Oklahoma's largest universities.
The property features four separately metered units, allowing tenants to pay their own utilities and minimizing owner operating expenses. With all units currently leased, investors benefit from immediate in-place cash flow and a stabilized income stream from day one. The building offers a highly efficient unit mix, attractive to renters seeking affordable housing within close proximity to campus, Campus Corner, and downtown Norman amenities.
Originally constructed in 1930 and configured as a four-unit multifamily property, the asset provides a proven rental history in a location known for strong occupancy and enduring tenant demand. The property's walkable location near the University of Oklahoma enhances its long-term investment appeal and provides a significant competitive advantage within the Norman rental market.
Investment Highlights
Four (4) one-bedroom, one-bathroom units
gas range and refrigerator in each unit
Fully leased with immediate cash flow
Separately metered units
large basement
mock fireplace in one unit
Prime location near the University of Oklahoma
Consistent student and workforce rental demand
Low-maintenance multifamily investment opportunity
Strong long-term appreciation potential in a proven rental submarket
408 Chautauqua Avenue presents investors with the rare combination of stabilized occupancy, efficient operations, and an irreplaceable location near one of Oklahoma's largest universities.
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Faits sur la propriété
| Prix | 696 331 $ CAD | Classe d’immeuble | C |
| Prix par unité | 174 083 $ CAD | Taille du lot | 0,13 AC |
| Type de vente | Investissement | Taille du bâtiment | 2 548 pi² |
| Nombre d’unités | 4 | Occupation moyenne | 100% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 2 |
| Sous-type de propriété | Appartement | Année de construction | 1930 |
| Style d’appartement | De faible hauteur | ||
| Zonage | UR - Urban Residential | ||
| Prix | 696 331 $ CAD |
| Prix par unité | 174 083 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 4 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,13 AC |
| Taille du bâtiment | 2 548 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 2 |
| Année de construction | 1930 |
| Zonage | UR - Urban Residential |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 4+4 | 4 | - | - |
1 1
Moyennement accessible à pied
60/100
Moyennement adapté aux voitures
70/100
Transports en commun limités
30/100
Moyennement accessible en vélo
60/100
Impôts fonciers
| Numéro de lot | R0043366 | Évaluation des bâtiments | 33 184 $ CAD |
| Évaluation du terrain | 7 412 $ CAD | Évaluation totale | 40 596 $ CAD |
Impôts fonciers
Numéro de lot
R0043366
Évaluation du terrain
7 412 $ CAD
Évaluation des bâtiments
33 184 $ CAD
Évaluation totale
40 596 $ CAD
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408 Chautauqua 4 plex close to OU | 408 Chautauqua Ave
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