1330 N Classen

Investment Overview

Occupancy: 100% occupied with month-to-month tenants, offering full operational flexibility. Gross Scheduled Income: $360,000 annually ($30,000/month). Net Operating Income (NOI): $225,303.03 Cap Rate: 8.27% Year 1 Cash-on-Cash Return: 10.12% Debt Coverage Ratio (DCR): 1.48 (based on $1,680,000 loan amount and $152,470 annual debt service) Near-Term Growth: 2026 gross income is projected at $375,000

Investment Highlights

• 29,844 SF building
• 55 units
• Built in 1962
• Zoned DTD1
• Located in Oklahoma City in the Midtown area
• 100% occupancy currently with month-to-month tenants
• Generating an NOI of $218,006