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    207 C Ave Cache, OK 73527

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    Claim this Listing
    Pending
    $1,199,900

    APARTMENT UNITS, 2 Story - Cache, OK

    Lot size:
    0.34 Acres
    Added:
    Dec 12, 2025
    Days on Market:
    126
    Last Refresh:
    Apr 17 at 11:06 pm

    Property Features for 207 C Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-4 High Den Apt
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Interior features
    Smoke/Heat Alarm, Window Covering, Storage, Walk-in Closet, Ceiling Fans, Washer Connection, Dryer Connection, Breakfast Bar
    Exterior features
    Storage
    Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
    Standard status
    Pending
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6204.35

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Floors in Building
    2
    Number of units
    8
    Flooring type
    Other, Vinyl
    Roof type
    Composition
    Architectural style
    Other
    Additional Structures
    Storage
    BuilderName
    Hacienda Builders

    We can help!

    Listing Contact
    BARRY EZERSKI

    Listing agent BARRY EZERSKI

    Listing office RE/MAX PROFESSIONALS (BO) 3908 NW ELM STREET, SUITE 200, Lawton, OK

    Listing date Dec 12, 2025

    MLS# 170221 Listing URL

    Copyright © 2026 Lawton Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cache, OK Apartment Investment Property

    This investment property is located in Cache, Oklahoma. Constructed recently, this complex comprises two buildings, each featuring four units. Each unit includes three bedrooms, two full bathrooms, and approximately 1100 square feet of living space, along with an outside storage unit. The units are equipped with central heat and air conditioning, as well as washer and dryer hookups. The interiors feature LVP flooring and granite countertops in both the kitchens and bathrooms. Kitchens also include a breakfast bar, dishwasher, microwave, electrical range, and refrigerator. Currently, each unit is rented for $1095. Tenants are responsible for all utilities, as each unit is separately metered for electric and water. A large parking lot provides ample parking for tenants and guests. The complex is situated a block and a half from downtown Cache and three blocks from the Cache school complex. Its location offers convenient access to Fort Sill, approximately 15-20 minutes away, while providing the advantages of small-town living. The property is zoned R-4 High Den Apt and sits on a 0.34-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Accounting Firm Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cache
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.62585
    Latitude
    34.628845

    FAQs

    What type of property is this?
    Apartment building - Eight-unit apartment complex near downtown Cache and local schools.
    Where is this apartment building located?
    The property is located at 207 C Ave Cache, OK.
    What is the asking price?
    The asking price for this property is $1,199,900.
    What are key features of this property?
    This property features: New construction eight‑unit complex, only one year old.; Strong income potential, each unit currently renting for $1095.; Each unit features **3 bedrooms, 2 full baths, and approximately 1100 SF.**
    (580) 704-7355
    We can help!
    Listing Contact
    BARRY EZERSKI
    Real Estate License ID: 111601
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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