NOT LISTED FOR SALE

1325 W Lindsey St Norman, OK 73069

Southwest Norman Neighborhood
-- Bed
1 Bath
17,290 Sq Ft
1.09 Acres

Last Sold September 22, 2014

Last sale price $1,800,000 $104 Per Sq Ft

691 Days on Market

Highlights

  • 1.09 Acre Lot
  • Laundry Room
  • Floor Furnace
  • Norman High School Rated A-
  • Central Air

About This Home

As of September 2014

27 month return cash on cash with 20% down, 8% cap rate, see attached P&L. Low to no maintenance. All units completely rehabbed and new with 100%! Contemporary one bedroom units, glazed concrete floors, commercial exposed ceilings, low to no maintence units. If you are looking somewhere to park your money and have minimal headaches this is the one for you. Property mgt already in place with no contract and willing to stay on at same fee

Last Agent to Sell the Property

Tricia Clement

Richard Jennings Real Estate Listed on: 10/04/2012

Last Buyer's Agent

Warren Taber

Old Town, REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 1.09 Acre Lot

Home Design

  • Slab Foundation
  • Brick Frame

Interior Spaces

  • 1 Full Bathroom
  • 17,290 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Utilities

  • Central Air
  • Floor Furnace

Community Details

  • 33 Units
  • Gross Income $233,177

Listing and Financial Details

  • Tax Block 6

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Style: Other
  • Property Sub Type: More Than 4 Units
  • Gross Expense: 156355
  • Legal Addition: Lydicks I
  • Number1 Br Units: 32
  • Property Level: Two
  • Section: 36
  • Stories: 2.0000
  • Third Party Comments: No
  • Year Built: 1968
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Features: Laundry
  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Total Sq Ft: 17290

Exterior Features

  • Construction: Brick & Frame
  • Foundation: Slab
  • Roof: Other

Utilities

  • Cooling System: Central Elec
  • Heat System: Floor Furnace

Fee Information

  • Operating Expense: 84608

Lot Info

  • Acres: 1.0900
  • Land Sq Ft: 47480

Multi Family

  • Number Efficiency Units: 1
  • Number Of Units: 33

Tax Info

  • Tax Block: 6

MLS Schools

  • School District: Norman

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2014 09/22/14 Sold $1,800,000 -10.0% $104 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
10/04/2012 10/04/12 For Sale $1,999,000 -- $116 / Sq Ft
Source: MLSOK

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tricia Clement

    Seller's Agent in 2014

    Tricia Clement

    Richard Jennings Real Estate

    (405) 922-2968

    17 Total Sales

    Section Image
  • Warren Taber

    Buyer's Agent in 2014

    Warren Taber

    Old Town, REALTORS

    (405) 834-6492

    8 in this area

    53 Total Sales

    Section Image
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Map

Source: MLSOK

MLS Number: 501927

MLSOK

APN: NC29LYDK1 6 003

Oklahoma Cleveland County Norman 73069 Southwest Norman

1325 W Lindsey St, Norman, OK

This home is located at 1325 W Lindsey St, Norman, OK 73069 since 04 October 2012. This property was built in 1968. 1325 W Lindsey St is a home located in Cleveland County with nearby schools including Jackson Elementary School, Alcott Middle School, and Norman High School.

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