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About the Listing RJHR01 - RHYMER,RHYMER
This is a wonderful opportunity to own 5 remodeled 4-plexes with 20 2 bedroom, 1 bath units. This includes 1311 Glen Oaks Ct, 1315 Glen Oaks Ct(Assessor #R0094128), 1319 Glen Oaks Ct(assessor # R0094129), 1325 Glen Oaks Ct(assessor #R0094131) and 1331 Glen Oaks Ct(assessor #R0094136). 100% occupied. Rents are still under market so there is much upside. Each 4 plex has it's own water meter for the 4 units. We have been paying the water but have been transitioning into charging the tenants $50 per month for this. We reduced some rents on units we recently leased but added the water charge. These units have been totally remodeled in the last few years with new class 4 hail resistant roofs installed in 2025, vinyl siding, new windows and doors, remodeled bathrooms and kitchens. Most have newer ch/a and hot water tanks. The parking lot was resurfaced in the last few years and the concrete around the buildings replaced. No deferred maintenance here. Listing broker is an owner of the company that owns these units with real estate license #071687. Owner will consider owner financing subject to a credit application review. General terms would require 25% down at 6.00% for up to 30 years with an 8 year balloon. Do not disturb tenants. Marketing videos of most of the units..available upon request. '
Listing Highlights
Status
Pending
Days on Site
25
Property Type
Multi-Family
MLS ®
1200966
Year Built
1982
Total Square Footage
15,950
Lot/Acreage
0.16
County
Cleveland
Neighborhood
Glen Oaks Twnhs
School District
Norman
Elementary School
Ronald Reagan ES
Middle School
Irving MS
High School
Norman High School
Interior Details
- Bedrooms: 0
- Bathrooms: 20 Full
- Appliances: Dishwasher, Disposal, Refrigerator, Electric Water Heater
- Air Cond: Central Air
- Heating: Central,Electric
- Fireplaces: 0
- Floor: Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Window Treatments
- Water:
Exterior Details
- Lot Description: Corner Lot
- Garage Capacity: N/A
- Roof: Composition
- Others: Private Entrance
- Sewer:
- Parking Features: Asphalt
Financial Details
- Tax Amount: $5,055
- Taxes w/Assessments: N/A
- Tax/Property ID: 1311NONEGlenOaks73071
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
1311 Glen Oaks Ct Norman, OK 73071
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