Invest in the best area in OKC!!!

Oklahoma County, Oklahoma City, OK, 73106
Sold
Listed at: April 30th, 2022
Price
$155,000
ARV
$300,000
Gross Margin
$145,000
Sq. Footage
1100
Type
Attached
Parking
Assigned
Year build
1931
Lot size
acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Snag this rehab deal for a fraction! On lockbox, cash offers & quick close.


This charming all brick 2 bedroom 1 bathroom house on 1909 N Brauer street is the only 2 bedroom 1 bath house within 2

miles radius that would be sold. There are no other properties that are currently being sold under $550k within 3 blocks of that house take account the shortage of inventory in the specific neighborhood and you can create your own comp!


The Brauer st property has a back garage that has been converted into a room and would also be additional square footage. Assuming that the existing back house structure is converted into

another bedroom and bathroom it is conceivable

that the entire livable square footage of the property after a rehab will be around 1200 sq feet.


Where this particular property really shines is the fact that AirBnB rates per night are averaging upwards

of $175 in the area with 140 days occupancy (according to AirDNA source ). This house is a 5 minute walk to Oklahoma City University, and a 12 minute car ride to Bricktown / Downtown night life. This

house is near a corner location and has no direct neighbors on four side o the house (it is buffered by two garages on either side + an alley way and also backyards. There would be no noise issues because it is on a non main thorough fare street, but is close enough to main roadways for access .

EMD Due 48 hours after assignment.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Offergeorge LLC

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