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Howry Apartments 415 Harmon Ave 8 Unit Apartment Building $550,000 ($68,750/Unit) 8.73% Cap Rate Watonga, OK 73772
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 | $550,000 | Apartment Style | Low-Rise |
| Price Per Unit | $68,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.32 AC |
| Cap Rate | 8.73% | Building Size | 6,000 SF |
| Gross Rent Multiplier | 0.1 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | Cross Streets | 4th street |
| Zoning | R1 - Residential | ||
| Price | $550,000 |
| Price Per Unit | $68,750 |
| Sale Type | Investment |
| Cap Rate | 8.73% |
| Gross Rent Multiplier | 0.1 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| 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 | - |
1 1
Fairly walkable
40/100
Moderately drivable
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0125-00-014-001-0-000-00 | Improvements Assessment | $8,073 |
| Land Assessment | $982 | Total Assessment | $9,055 |
Property Taxes
Parcel Number
0125-00-014-001-0-000-00
Land Assessment
$982
Improvements Assessment
$8,073
Total Assessment
$9,055
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Howry Apartments | 415 Harmon Ave
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