44 HOME PACK - LoopNet...EXECUTIVE SUMMARY Property Overview PROPERTY SUMMARY $4,500,000 44 $102,272 $943 $0.70 $75.85 $298,310 7% SALES PRICE: NUMBER OF HOMES: …

HomePortfol io

44

CONTENTS

Table of Contents

2

7

INTRODUCTION

About the Portfol io

quality portfolio with full occupancy and guaranteed income. A majority of the homes are located in one of the “Renter” hotbeds for OKC. With the Chisolm Creek Project continually adding value to the neighborhoods and making them more attractive to

tenants easy access to the entire Metro. The information listed in this document has been

renters, within this package the homes turnover time is vastly reduced by the Location! All homes are conveniently located to major thoroughfares or highways giving your

obtained from sources we believe to be reliable, however we accept no responsibility for its correctness.

WELCOME

3

44

THE BROWN GROUP

About Us

of services. Located along the vivaciously Northwest Expressway, the Company consists of real estate professionals and a team that provides services on real estate consulting and management, renovations of residential properties, land sales, residential property or commercial property sales, acquisitions, and development. At TBG our Company focuses on providing housing solutions for all throughout the Oklahoma City metro, striving to improve the living situation in every community.

audience across the Oklahoma City metro. With a professional team of Realtors, who are dedicated to fulfilling all your housing needs, you will save time and money along with peace of mind in making a solid investment. Alongside the Realtors, our knowledgeable and friendly Property Management team work hard daily to provide the best quality housing and management solutions for all tenants current and future. Another major advantage TBG holds in the market is boasting our own construction and remodeling services.

WE ARE THE BROWN GROUP

4

EXECUTIVE SUMMARY

Property Overview

PROPERTY SUMMARY

$4,500,000

44

$102,272

$943

$0.70

$75.85

$298,310

7%

SALES PRICE:

NUMBER OF HOMES:

PRICE PER HOME:

AVG. RENT PER HOME:

AVG. RENT PER SF:

PRICE PER SF:

NOI:

CAP RATE:

The Brown Group Properties (TBG) is pleased to announce the private executive listing of a unique opportunity to selected investors. This single-family home package includes 44 homes located in one of the fastest growing metros in the U.S. per the US Census Bureau. This exclusive package provides you with the opportunity to gain a sizable portion of the ever-growing Renters market in the OKC Metro. With a combined 59,327 square feet at approximately $.70 average rent per square feet this package is an investors dream.

At the listing price of $4,500,000 for this 44 Home Portfolio or an average of $102,272 per home brings the price per square foot to $75.85 positioning the homes to be profitable for years to come. With past numbers and projected growth, the OKC Metro Renters Market remains one of the highest in the nation and is projected to continue that path. Further reducing the risk of the portfolio investment with historical and projected Renter Rates on the rise.

This is an unlisted package and only available to investors selected by TBG.

5

FEATURED PROPERTIES

VIEW SOME OF THE HOMES

6

FEATURED FEATURED D

D D D D Edmond, OK 73013

7

1912 Willowcreek Rd.

Conveniently located in a neighborhood between two major cross streets 15th & Bryant and directly behind Edmond Memorial High School this spacious 4 bed, 2 bath home offers all the amenitiesof Edmond within a miles distance. Retail, Healthcare, Groceries, Public Schools and More. As one of the Metros most upscale suburbs Edmond home values increase year after year.

Edmond, OK 73013

8

This home is available for rent as of today. This is the place to make your homestead, with over 2,500 square feet and 5 bedrooms, you can spread your wings and watch your family flourish while creating memories on the back patio watching the little ones enjoy summer fun in the gigantic yard. This home will not be on the market long and I promise you'll be kicking yourself if you miss out on this opportunity. Some come in and apply today and make your dream home, your next home!

2101 Westridge Dr.

Oklahoma City, OK 73162

9

The Perfect Home For Any Family!Ready to be blown away? Then look no further than this fully remodeled home. Whether it is the brand new wood flooring, or the perfectly hand-laid tile, or the beautiful hand picked lighting accents; You are simply going to fall in love with this home. But, there is a catch. This home will not be available for long, and you will be kicking yourself if you sleep on your dream home. So don't wait and let this home pass you by, come in to apply and be on your way to comfortable living today!

7400 NW 112th St.

Oklahoma City, OK 73159

10

Beautiful House Ready To Be A Home!Are you looking for the perfect place to settled down and raise your family? Then look no further than this lovely-remodeled house that is well over 2,100 square feet. Bring you family home to enjoy brand new hard wood floors, fresh carpet, spacious cabinets, and that new home smell. This 4 bedroom home is the right spot for anyone who is looking to enjoy just a little more room at a price that isn't going to break the bank. But wait, there is a catch, and that is that this home will not be available for long. So don't sleep on you dream home, come in and apply today!

8416 S. Hillcrest Dr.

Midwest City, OK 73110

11

Beautiful Remodel Tucked Away in Nice MWC Neighborhood. Located just north of Reno Ave in Midwest City and blocks from Cleveland Bailey Elementary this 3 bed 2 bath two story home is perfect for the growing family. Tucked away in the back of the neighborhood this home offers the peace and quiet of the suburbs with quick access to I-40 and all the OKC metro has to offer. Call today to make this YOUR new HOME.

929 W Idylwild Dr

PROPERTY STATISTICS

By the numbers

100%

12

59,327

$12,500

13

$41,480446,750.10

YOUR RENT

2019 PROJECTED OPERATING INCOME

FINANCIAL REPORT

44 Home Financial Review

This Financial Report wil l begin by covering the rent rol l for the entire

44 home portfol io. The rent rol l wi l l show you the key stat ist ics about

each home such as: square feet, rent, deposit , and the leasing term. I f

you are looking for the totals to al l these stat ist ics then please refer to

the previous page.

This report also included is a detai led monthly breakdown of the

Annual ized Profitabil i ty for the entire portfol io. This is where you wil l

find your gross income, your expenses, and your net income. This is

where you see how much money these homes wil l br ing in for you

every year.

Projected Income

$446,750.10 $148,439.97

Projected Expenses

14

RENT ROLLBD/BA TENANT STATUS SQ.FT RENT DEPOSIT LEASED FROM LEASED TO

3/1.00 Jozef D. Stromberg Current 1,621 950.00 900.00 07/26/2018 07/31/2019

3/2.00 Taleshia M. Coleman

10404 Regent St. Oklahoma City, OK 73162

10513 Mckinley Ave. Oklahoma City, OK 73114

10313 Hasley Pl. Oklahoma City, OK 73114

Current 2,400 1,695.00 1,000.00 11/01/2016 01/31/2020

3/2.00 Marissa Marshall Current 1,417 1,000.00 5,000.00 07/24/2015 07/24/2030

2/2.00 Current 2,066 1,000.00 1,000.00 07/01/2016 06/30/2018

3/3.00Donnette

VandersypenCurrent 1,613 1,100.00 900.00 12/01/2016 11/30/2017

2/1.00 Rita B. Hutton Current 997 700.00 400.00 02/01/2017 01/31/2018

3/2.00Clarence Yarbough

Current 1,361 950.00 750.00 04/01/2017 03/31/2018

3/1.00Christinea Hightower

Current 1,348 850.00 600.00 11/10/2016 11/30/2017

4/1.50Stephanie N.

HughesCurrent 1,336 1,045.00 1,650.00 11/01/2015 10/31/2017

3/1.50 Brittnie Harrison Current 1,249 919.00 600.00 05/01/2017 04/30/2018

3/1.00 Elizabeth Jatta Current 1,036 800.00 400.00 07/01/2017 06/30/2018

3/2.00Gabrielle Hilterbran

Current 1,316 850.00 700.00 09/01/2017 08/31/2018

2/1.00 Lauren Edwards Current 916 675.00 400.00 07/01/2017 06/30/2018

3/1.00Courtney G.

EavesCurrent 1,125 800.00 650.00 09/26/2016 09/30/2017

2/1.00 Emily McKim Current 886 675.00 400.00 07/01/2017 06/30/2018

3/2.00Stephney Johnson

Current 1,452 1,000.00 800.00 04/07/2017 04/30/2018

5/2.50Mary C.

BirdsongCurrent 1,415 1,200.00 800.00 07/01/2016 06/30/2017

3/1.50Brandi

GreashamCurrent 1,268 900.00 700.00 09/01/2016 08/31/2017

3/1.50Anthony T.

OrtegaCurrent 1,054 950.00 750.00 04/01/2017 03/31/2018

1549

100 occupied!of all homes44

Operating Income & Expenses

Income

Application Fee 95.00 250.00 265.00 125.00 135.00 835.00

Deposit Forfeit 0.00 0.00 0.00 0.00 0.00 0.00

Late Fee 249.35 300.01 300.64 179.96 404.37 400.67

Miscellaneous Income 350.00 0.00 0.00 0.00 425.00 0.00

Move Out Charges 0.00 0.00 0.00 0.00 0.00 0.00

Non Refundable Pet Fee 0.00 0.00 0.00 0.00 0.00 0.00

NSF Fees Collected 50.00 0.00 50.00 0.00 100.00 0.00

Rent Income 25,517.00 30,124.27 30,622.59 29,856.41 31,375.28 35,837.13

Total Operating Income 26,261.35 30,674.28 31,238.23 30,161.37 32,439.65 37,072.80

Expense

Appliances 0.00 0.00 0.00 0.00 0.00 0.00

Carpet 0.00 0.00 0.00 739.20 0.00 0.00

Cleaning 260.00 0.00 0.00 80.00 0.00 0.00

County Court Filing Fees 0.00 0.00 0.00 0.00 106.00 -103.00

Electrical 0.00 0.00 0.00 0.00 0.00 0.00

Electricity 218.95 531.79 0.00 228.37 -14.06 34.07

Flooring 0.00 0.00 0.00 0.00 0.00 0.00

Garbage and Recycling 0.00 144.18 0.00 0.00 0.00 0.00

Gas 0.00 122.14 -19.88 0.00 6.84 45.03

HOA Fees 993.01 0.00 0.00 1,230.66 0.00 0.00

HVAC (Heat, Ventilation, Air) 0.00 510.00 175.00 460.00 180.00 120.00

Insurance - Property 3,522.87 1,075.31 1,075.31 1,668.32 0.00 0.00

17

2019MAY - SEPT.

49

105.00 60.00 30.00 100.00 155.00 45.00 2,200.00

-954.00 0.00 0.00 0.00 0.00 0.00 -954.00

598.00 417.00 500.00 400.33 204.71 694.96 4,650.00

176.00 0.00 0.00 0.00 0.00 0.00 951.00

125.00 0.00 0.00 175.00 0.00 0.00 300.00

700.00 0.00 0.00 0.00 0.00 700.00 1,400.00

0.00 0.00 0.00 50.00 0.00 0.00 250.00

35,329.99 36,776.98 38,934.76 36,848.44 36,838.35 38,646.65 406,707.85

36,079.99 37,253.98 39,464.76 37,573.77 37,198.06 40,086.61 415,504.85

0.00 0.00 0.00 100.00 0.00 0.00 100.00

0.00 0.00 0.00 0.00 0.00 0.00 739.20

100.00 0.00 0.00 0.00 0.00 145.00 585.00

0.00 0.00 58.00 0.00 0.00 0.00 61.00

0.00 0.00 0.00 0.00 0.00 120.00 120.00

0.00 103.08 0.00 145.31 58.77 25.10 1,331.38

0.00 0.00 0.00 0.00 185.00 0.00 185.00

0.00 0.00 0.00 0.00 0.00 33.55 177.73

16.92 0.00 0.00 0.00 58.16 131.57 360.78

0.00 762.66 0.00 1,525.32 0.00 381.33 4,892.98

0.00 975.00 1,450.00 801.23 0.00 0.00 4,671.23

1,601.49 1,601.49 3,202.98 1,724.88 1,753.22 2,068.22 19,294.09

18OCT. - APR.

Property Location Map

6001 NW Expressway, Oklahoma City, OK

405 607 1311

[email protected]

THE BROWN GROUP

www.thebrowngroupok.com

Toby Brownowner/CEO