16 Townhome units offered at $2,800,000.00 Gross Income Potential $274,000 with a Cap Rate exceeding 8%. Will Divide.

Contact: Don Fryer (405) 314-5888 – Don@TranquilityCustomHomes.com

DEF Properties LLC is offering for sale 16 Townhome investment properties, located in Santa Fe Villas at 164th and Santa Fe in Edmond, Oklahoma.

This portfolio features 8 multi-family buildings with 16 individual townhome units. Built by the Central Oklahoma Homebuilders Association 2017 Builder of the

Year. All buildings constructed in 2018. Buildings are Contiguous and on the same street, perfect for commercial financing. Portfolio is 100% occupied at

offering date. Showings are subject to agreed upon terms and pricing due to 100% Tenant Occupancy.

16 Townhome units offered at $2,800,000.00 Gross Income Potential $274,000 with a Cap Rate exceeding 8%. Will Divide.

DEF Properties LLC is owned and operated by Don and Emily Fryer, licensed Sales Associates with the Oklahoma Real Estate Commission.

Each townhome includes:

3 Bed, 2-1/2 Bath, 2 Car Garage with Garage Door Lift

Lifetime Architectural Shingles.

Lennox 95% High Efficiency HVAC Unit, 95,000 BTU, 14 SEER A/C, 2 Zones, Programmable Digital Thermostats.

Rinnai Tankless Hot Water Heaters, 150,000 BTU, 82% Energy Factor, 6.5 GPM.

Frigidaire Stainless Steel Appliances, Gas Range, Electric Dishwasher, Externally Vented Hood, Garbage Disposal.

Price Phister Chrome Plumbing Fixtures.

Tiled Walk-In Master Shower.

Quartz Countertops, Undermount Sinks.

Luxury Vinyl Tile Wood-Look Flooring Throughout (excluding stairs & 2 upstairs bedrooms)

LED Can-Lighting, Ceiling Fans.

All Cabinets Include Hardware.

Homes Owners Association includes yard maintenance and fertilization.

1st Owner Manufacturer Warranties Registration available on HVAC, Tankless Unit and Appliances

.

AREA UNIT Street BEDS BATHS SIZE TAXES HOA

CURRNT

RENT

Rent /

S.F.

SFV 2225 Camino Del Plaza 3 2.5 1438 1,823$ 500$ 1,375$ $ 0.96

SFV 2217 Camino Del Plaza 3 2.5 1452 1,823$ 500$ 1,375$ $ 0.95

SFV 2209 Camino Del Plaza 3 2.5 1438 1,823$ 500$ 1,375$ $ 0.96

SFV 2201 Camino Del Plaza 3 2.5 1452 1,823$ 500$ 1,375$ $ 0.95

SFV 2189 Camino Del Plaza 3 2.5 1438 1,823$ 500$ 1,375$ $ 0.96

SFV 2181 Camino Del Plaza 3 2.5 1452 1,823$ 500$ 1,375$ $ 0.95

SFV 2173 Camino Del Plaza 3 2.5 1438 1,823$ 500$ 1,375$ $ 0.96

SFV 2165 Camino Del Plaza 3 2.5 1452 1,823$ 500$ 1,375$ $ 0.95

SFV 2157 Camino Del Plaza 3 2.5 1438 1,823$ 500$ 1,250$ $ 0.87

SFV 2149 Camino Del Plaza 3 2.5 1452 1,823$ 500$ 1,525$ $ 1.05

SFV 2141 Camino Del Plaza 3 2.5 1438 1,823$ 500$ 1,375$ $ 0.96

SFV 2133 Camino Del Plaza 3 2.5 1452 1,823$ 500$ 1,317$ $ 0.91

SFV 2208 Camino Del Plaza 3 2.5 1500 1,823$ 500$ 1,425$ $ 0.95

SFV 2200 Camino Del Plaza 3 2.5 1486 1,823$ 500$ 1,425$ $ 0.96

SFV 2188 Camino Del Plaza 3 2.5 1500 1,823$ 500$ 1,425$ $ 0.95

SFV 2180 Camino Del Plaza 3 2.5 1486 1,823$ 500$ 1,425$ $ 0.96

TOTAL 48 40 23312 29,164$ 8,000$ 22,167$ 15.21$

Gross Rental Income 274,024.00$

Annual Taxes 29,211.60$

Annual HOA 7,999.92$

Net Income 236,812.48$

Asking Price 2,800,000.00$

Cap Rate 8.46%

2019 FORECAST

Jan-1

9

Feb-1

9

Mar

-19

Apr-

19

May

-19

Jun-1

9

Jul-19

Aug-1

9

Sep

-19

Oct

-19

Nov-

19

Dec

-19

2019

Yea

rly

Revenue (Sales)

SFV - 2225/2217 Bldg 1 2,750 2,750 2,750 2,800 2,800 2,800 2,850 2,850 2,850 2,850 2,850 2,850 33,750

SFV - 2209/2201 Bldg 2 2,750 2,750 2,750 2,800 2,850 2,850 2,850 2,850 2,850 2,850 2,850 2,850 33,850

SFV - 2189/2181 Bldg 3 2,750 2,750 2,750 2,800 2,850 2,850 2,850 2,850 2,850 2,850 2,850 2,850 33,850

SFV - 2173/2165 Bldg 4 2,750 2,750 2,750 2,750 2,750 2,750 2,800 2,800 2,850 2,850 2,850 2,850 33,500

SFV - 2157/2149 Bldg 5 2,750 2,750 2,750 2,850 2,850 2,750 2,750 2,750 2,800 2,800 2,850 2,850 33,500

SFV - 2141/2133 Bldg 6 2,692 2,692 2,962 2,692 2,692 3,692 2,692 2,692 2,692 2,692 2,742 2,742 33,674

SFV - 2208/2200 Bldg 7 2,850 2,850 2,850 2,850 2,850 2,850 2,950 2,950 2,950 2,950 2,950 2,950 34,800

SFV - 2188/2180 Bldg 8 2,850 2,850 2,850 2,850 2,850 2,850 2,850 2,950 2,950 2,950 2,950 2,950 34,700

SFV - MISC INCOME (Pets, Fees) 200 200 200 200 200 200 200 200 200 200 200 200 2,400

Other Income

Total Revenue (Sales) 22,342 22,142 22,412 22,392 22,492 23,392 22,592 22,692 22,792 22,792 22,892 22,892 274,024

Vacancy Rate (5%) 1,117 1,107 1,121 1,120 1,125 1,170 1,130 1,135 1,140 1,140 1,145 1,145 13,591

Gross Profit 21,225 21,035 21,291 21,272 21,367 22,222 21,462 21,557 21,652 21,652 21,747 21,747 260,433

Expenses

HOA Dues 667 667 667 667 667 667 667 667 667 667 667 667 8,000

Property Casualty Ins 839 839 839 839 839 839 839 839 839 839 839 839 10,068

Property Taxes 2,429 2,430 2,431 2,432 2,433 2,434 2,435 2,436 2,437 2,438 2,439 2,440 29,212

Repairs

Cleaning 85 85 85 85 85 85 85 85 85 85 85 85 1,020

Landscape & Lawn Care 0

Maintenance 50 50 50 50 50 50 50 50 50 50 50 50 600

Utilities 25 25 25 25 25 25 25 25 25 25 25 25 300

Total Expenses 4,094 4,095 4,096 4,097 4,098 4,099 4,100 4,101 4,102 4,103 4,104 4,105 49,200

Net Profit 18,248 18,047 18,316 18,295 18,394 19,293 18,492 18,591 18,690 18,689 18,788 18,787 224,824

Net Profit Inc. 5% Vacancy 17,130 16,939 17,195 17,175 17,269 18,123 17,362 17,456 17,550 17,549 17,643 17,642 211,233

2225 & 2217 2209 & 2201

2189 & 2181 2173 & 2165

2157 & 2149 2141 & 2133

2188 & 2180 2208 & 2200

LIVING ROOM / STAIRS FAMILY ROOM

EXTERIOR FRONT EXTERIOR REAR

LIVING

ROOM

LIVING

KITCHEN KITCHEN ISLAND

KITCHEN GUEST BATH

MASTER BED MASTER BED

MASTER BATH WALK-IN SHOWER

MASTER CLOSEST UPSTAIRS HALLWAY

MASTER CLOSET GUEST AQUATIC TUB SURROUND

GUEST BED 2 GUEST BED 2

GUEST BED 3 GUEST BED 3

UTILITY PANTRY