900 Timberline Pl, Perkins, OK 74059

Affordable housing is a great investment, and here is a 6-home package deal that is easy to manage and maintain. Located in the very desirable Perkins-Tryon school district. Additional acreage (1.6 acre m/l) available for expansion. Offered here are six (6) individual 2bd/1ba houses sitting on 1.35 acres m/l on the edge of Perkins (but outside city limits!). Units have City water & trash service and OGE electric service. They rent for an average of $612 per month, making the gross revenue $3750 at full occupancy. All are 2bd/1ba, but several have a large extra room that could serve as an extra bedroom, playroom, craft room, office, or whatever the tenant might need. Units include refrigerator, range, and most have washer/dryer provided. Four of the six houses have new metal roofs (2014) and all 6 have new drain and fresh water plumbing systems (2014) and updated electrical. Each unit has a new (2014) mini-split heat & air heat pump for climate control. All units have new double-pane insulated windows. Owner will divide into two 3-house tracts if desired, for slightly higher per-unit price. The better option for the buyer would be to get a partner or two and buy them all, then split the profits. Interior photos are of one unit, but are representative of all. An additional 1.6 acres of development land is available (located immediately behind this tract) for additional cost, to be negotiated.