Investment Overview
Mom-and-pop operation with the current owner tracking all operations through handwritten ledgers. No website, Google Business Profile, or management software is currently in place. Two properties located directly across the street from one another, featuring paved driveways, perimeter fencing, and strong overall physical condition.
Investment Highlights
- Mom-and-pop operation with the current owner tracking all operations through handwritten ledgers. No website, Google Business Profile, or management software is currently in place.
- Prime location along Ponca City's main commercial corridor, just minutes from downtown.
- Significant opportunity for revenue growth through rent optimization, as many existing tenants are below current market rates, as well as through tenant insurance (which is not offered currently) and other ancillary income streams.
- Ponca City offers strong demographics, with a population exceeding 27,000 residents within a five-mile radius.