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Executive Summary

Superior investment opportunity. This property stays full. Has been maintained to top standards. over 8% cap rate. You will not find a better chance for return.

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
Net Operating Income - -

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
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $600,000
Price Per Unit $75,000
Sale Type Investment
Cap Rate 8%
Gross Rent Multiplier 0.1
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 0.32 AC
Building Size 6,000 SF
Average Occupancy 100%
No. Stories 2
Year Built 1970
Cross Streets 4th street
Zoning R1 - Residential

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Refrigerator
  • Range
  • Walk-In Closets
  • Carpet
  • Dining Room
  • Handrails
  • Vinyl Flooring

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $675.00 -
1+1 4 $575.00 -

Property Taxes

Property Taxes

Parcel Number
0125-00-014-001-0-000-00
Land Assessment
$982
Improvements Assessment
$8,073
Total Assessment
$9,055
  • Listing ID: 39561011

  • Date on Market: 2/24/2026

  • Last Updated:

  • Address: 415 Harmon Ave, Watonga, OK 73772

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