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2256 Donna Dr 5 Unit Apartment Building Offered at $620,000 at a 7.01% Cap Rate Norman, OK 73071
Executive Summary
Multifamily Investment Opportunity Near OU Campus! This fully occupied 5-plex features five 2-bedroom, 1-bath units, each equipped with washer and dryer hookups. Lower-level units enjoy private yards, while upper-level units offer balconies. Tenants pay all utilities, with the landlord responsible only for mowing, keeping operating expenses low. Most units have been updated, and a large open parking lot provides ample parking for tenants and guests. An excellent opportunity for investors seeking a well-maintained, income-producing property in a high-demand area.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| 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 | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Refrigerator
- Oven
- Yard
- Lawn
- Vinyl Flooring
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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2256 Donna Dr
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