
Seller's Agent in 2017
Mike Glazne
Max Value Real Estate LLC
(405) 924-1144
165 Total Sales
The Continential Apartments is an 80 Unit Complex, brick on frame with pitched, composite roof. Built in '75. Class C Prop in a Class B Neighborhood. 40 - 1B 1B Units and 40 - 2B 1B Units. Floor plans are large. Current Owner has owned this Complex for about 9 years. Property has been well maintained, and interiors are updated and rehab'd as they turn over. Many Units have new carpet, tile and fixtures. Parking is good, Roof is 6 yrs old. This Prop has great Upside as the Rents in over 60% of these Units are 20 to 25% under Market here. Bringing all these Units to Market Rent's could increase the NOI by $ 150,000 in the next 2 yrs?
Owners of the Continental Apts are offering a 10%" Owner carry" at 7.5%, 20 Yr AM, 5 yr Balloon with a Full Price Offer from an Approved Buyer. Thus allowing Buyer to only put Down 10% in most Financial requests
This Complex is located about 1 Mile West of I-35 on W 27th Ave and Nottingham Way in Moore, OK at 2400 N Nottingham Way
Last Buyer's Agent
Non MLS Member
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
07/03/2017 07/03/17 | Sold | $2,575,000 | -16.3% | $160 / Sq Ft |
12/14/2016 12/14/16 | Pending | -- | -- | -- |
09/23/2016 09/23/16 | For Sale | $3,075,000 | -- | $192 / Sq Ft |
Seller's Agent in 2017
Mike Glazne
Max Value Real Estate LLC
(405) 924-1144
165 Total Sales
K
Seller Co-Listing Agent in 2017
Kelly Revis
Max Value Real Estate LLC
(405) 514-8858
54 Total Sales
N
Buyer's Agent in 2017
Non MLS Member
Source: MLSOK
MLS Number: 746245