4001 Ozmun Ave Lawton, OK 73505
This exceptional 12-unit apartment building presents a compelling investment opportunity in Lawton, Oklahoma. Priced at $1,200,000, this property boasts a strong 7.00% capitalization rate, generating a net operating income (NOI) of $84,012. The complex comprises two, two-story buildings constructed in 1986, offering a mix of eight two-bedroom/two-bathroom units and four one-bedroom/one-bathroom units. Significant capital improvements have been undertaken within the past year, encompassing partial to full renovations of all units. This ensures a high-quality rental inventory and minimizes immediate maintenance needs. The property's strategic location offers convenient access to Fort Sill and Interstate 44, providing strong tenant demand and potential for future appreciation. Its proximity to Fort Sill's Bentley Gate further enhances its appeal to military personnel and their families. This is a turnkey investment ready for immediate income generation. Note that this is one of four multifamily portfolios available from the seller. The property is located at 4001 NW Ozmun Ave, Lawton, OK 73505, in Comanche County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.