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Falcon Ct and Wren St Fourplex 2 Build-to-Rent Properties Offered at £2,075,812 in Norman, OK

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INVESTMENT HIGHLIGHTS

  • Prime Investment opportunity!

EXECUTIVE SUMMARY

Great opportunity to own 24 units(6 4 plexes) with new class 4 hail resistant roofs and new exterior siding and paint. Windows are newer and most systems have been upgraded. There are 4 2 bedroom, 1 bath unit in each building with approximately 975 square feet. 2 units upstairs and 2 units downstairs. Each unit is separately metered and tenant pays their own utilities. They feature central heat and air, washer/dryer hookups, and all kitchen appliances. These are total electric units. They are close to Norman North High School and have a history of high occupancy rates. Listing broker is an owner of the company that owns these buildings with real estate license number 071687. This listing includes 309 Falcon Ct, 312 Falcon Ct(assessor account #31812), 316 Falcon Ct(assessor account # 31811), 320 Falcon Ct(assessor account #31810), 1812 Wren(assessor account # 31808), and 1816 Wren(assessor account # 31807). Room for rental increases

ATTACHMENTS

Falcon Wren income_statement_comparative-20251202
rent_roll-20251202

DATA ROOM Click Here to Access

PROPERTY FACTS

Price £2,075,812
Price psf £97.10 / sq ft
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Property Size 21,378 sq ft
Total Land Area 2.43 ac

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Falcon Court Fourplexes
309 Falcon Ct, Norman, OK 73069
Build-to-Rent 13,610 sq ft 1982 -
Wren Street Fourplexes
1812 Wren St, Norman, OK 73069
Build-to-Rent 7,768 sq ft 1981 -
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  • Listing ID: 38652169

  • Date on Market: 04/12/2025

  • Last Updated:

  • Address: Falcon Ct and Wren St Fourplex, Norman, OK

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