INVESTMENT PROPERTY BULLETIN

The Investment Property Bulletin (IPB) is made available to income property investors as a service of The Fishler-Stewart Company. The IPB includes properties that have undergone a rigorous pre-screening process to determine their value as potential investments for our select target audience. Screening criteria includes such attributes as positive cash-on-cash return, high CAP rate, under valuation in the market, and both current upside potential and ARV potential. As it is with any real estate company, we cannot guarantee the reliability of information that has been provided to us by third parties. Further, all properties contained herein are subject to change and/or prior sale without prior notice. If at any time you wish to no longer receive the IPB, simply email us at unsubscribeIPB@fishstew.net. From the properties listed below, please select those for which you would like to receive more information. If you are interested in available commercial loan options for a given property, check the financing box as well.

GREYSTONE APTS
4900 South Walker
Oklahoma City, OK 73109

$1,950,000
80 UNITS
$24,375/UNIT
CAP RATE: 8.0%

Property Description:

Greystone is a two-story garden style apartment community. The apartments feature walk-in closets, mini-blinds, some ceiling fans, frost-free refrigerator/freezer, dishwasher, range/oven with vent-hood, and garbage disposal. There is a community laundry center and swimming pool. The property is located in Southwest Oklahoma City, being about four miles south of the Central Business District. This is a popular area of Oklahoma City and within minutes of Will Rogers World Airport, Oklahoma City Community College, Integris Southwest Medical Center, Crossroads Mall and numerous restaurants and retail establishments along I-240.

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COMMERCIAL LAND
10355 Wicklow Way
Jackson, CA 95642
County: Amador, CA

$2,500,000
7.13 ACRES
$350,631/AC

Property Description:

Flat commercially zoned parcel adjacent to WalMart and K-Mart in a fast-growing area. Walgreens Pharmacy has already made an offer on the property that was rejected by the seller.

N/W Corner of Wicklow Way & Highway 88 in one of Northern California's fastest growing areas. Excellent access and visibility.

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WENTWOOD APTS
5001 N.W. 10th
Oklahoma City, OK 73127
County: Oklahoma

$4,425,000
295 UNITS
$15,000/UNIT
CAP RATE: 12.0%

Property Description:

Wentwood at MacArthur is a 295 unit garden apartment community built in 1973 and situated on 12.5 acres. Wentwood at MacArthur is in the LIHTC program. The LURA is dated December 4, 1998 and does not expire until January 1, 2038. Wentwood at MacArthur offers desirable interior and exterior amenities. The unit mix is excellent consisting of 95 one bedroom units, 95 two bedroom units and 105 three bedroom units. The units feature spacious floor plans with an average unit size of approximately 1,015 square feet. The three bedroom units include washer/dryer connections. The interior amenities include frost-free refrigerators, mini-blinds, walk-in closets and all electric appliances. The common area amenities offer a laundry facility, playground, office and swimming pool.

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EDGEWATER OFC BLDG
3801 NW 63rd Street
Oklahoma City, OK 73116
County: Oklahoma

$635,000
16,860 sqft
$37.66/sqft
CAP RATE: 10.0%

Property Description:

Building 3 of the Edgewater Office Park. This building is separately metered from the rest of the office park.

Located just east of the intersection between NW 63rd and NW Expressway in Oklahoma City, OK.

Bldg was renovated in 1992. Current Occ. is 89%

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ANN HARBOR M.H.P.
900 N. Ann Harbor
Oklahoma City, OK 73116
County: Oklahoma

$655,000
99 Spaces
$6,616/space

INVESTOR'S DREAM!

This mobile home park needs some rehab, but comps in area are selling for well over $1MM.

Recent appraisal supports asking price. After repair value should fetch $1.2MM+

If you did nothing but haul away some of the older park-owned homes the value of the park would immediately increase.

Won't last at this price.

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