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Kerr Team Real Estate
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Wally Kerr
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$275,000

.73 Acre land tract zoned Multi-Family (RM-2) in West Norman. Lot may be split into a total of 2 or 3 lots, and place either 3 or 4 apartments units onto EACH lot. Based on lot size, a maximum of 9 units are possible. Highest/most profitable cash-flow model would be to design and construct three apartments on each of 3 lots....for a total of 9 units, or consider luxury or lock-out apartments for game-day Sooner Fans. 3 story structures are permitted, per RM-2 city code, attached to this listing. Land is located immediately aside a 30-unit patio-home project with rents in the $1300-$1500 range/unit. Greenbelt location along creek. Prime frontage & location on NW 36th Ave between Main Street & Robinson Street. This land and zoning allow even the budget-minded investor the opportunity to construct and own an 8 or 9 unit multi-family project in prime West Norman. Owner will assist in pursuing lot split. Owner/Agent. Managing members are licensed Oklahoma real estate brokers.
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Kerr Team Real Estate
2500 McGee Drive, Suite 147
Norman, OK 73072

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(405) 321-8326

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