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Karyn Seabrooke - Oklahoma Realtor®
(405) 605-6445
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Downtown Investment Property, Office, Two Bedroom Loft and Warehouse

December 8, 2020 by kseabrooke Leave a Comment

OKC Investment Property, Office, Loft and Warehouse

This multi-use building includes with Office, Warehouse and a Two Bedroom Loft. okc office

This Amazing Downtown Office building, Warehouse and 2nd story Apartment Flat is a gem to find in the heart of Downtown OKC.    Walking distance to the Midtown district, Museums, Fine Restaurants, and Scissor Tail Park.

The lower Law Office has been remodeled in 2006 and holds 3 office spaces, a conference room, copy room, 2 additional work stations, break room and 2 bathrooms. Comes with 8 marked parking and potentially 2 additional exterior parking spaces. Love to live where you work, you can, with the upstairs 2 bed 2 bath loft apt with elevator and 2 reserved interior garage parking.

The apartment has a formal living and formal dining, wonderful kitchen with an open layout. The upstairs laundry is very convenient and has an amazing outdoor patio that will allow for entertaining and or quiet get away in the heart of the city life. The attached warehouse space   is ready to be built to suit by any new owner or tenant.

Apartment is 2250sf, Law office is 2875sf and Warehouse is 2750sf.

Property is easy to show contract listing realtor 405-409-7989. 2019

Utility Costs = $4344.00 (The utility account combines, gas, water/trash and electric.)                                                 2019 Ad Valorem Taxes = $4599.00                                                                                                                                                                                                2020 Insurance for building – $5125.00                                                                                                                                              Office remodeled in 2006. Upstairs flat has fire (wet) suppression system. ZONED Commercial/Residential.            Listing Realtor related to seller

411 NW 5th ST, Oklahoma City, OK 73102

www.KeyRealtyOKC.com

405-605-6445

 

 

 

 

Yelp ranked “10 Best Property Management Companies” in OKC, Look who is #1

April 8, 2020 by kseabrooke Leave a Comment

Top Ranked Property Management Companies in OKC.

Key Realty # 1  – Source Yelp.com

If you are looking for a “Top Notch” Real Estate and Property Management Company in OKC – look no further than Karyn with                     Key Realty and Property Management. 

you are in good hands with Karyn and her staff

No 1 Real Estate and Property Management Company in OKC
Source – Yelp.com

Yelp.com just ranked us #1 out of more than 200+ Property Management Companies in the OKC Metro area.

If you are looking for a reputable Real Estate Broker and or a Property Manager who works hard with your best interest at heart – look no further than Karyn Seabrooke, owner of Key Realty and Property Management.

Let Karyn and her skilled staff take care of your Real Estate needs.

Karyn has personally owned and managed some 2,000 units over the past 20+ years in the Oklahoma City Real Estate Market. From new construction to managing “renovation projects” Karyn and her staff can handle all aspects of buying / selling your home or managing your investment.

Whether you are new to the Real Estate Investment Circle or a Seasoned Investor with an established portfolio here in Oklahoma City, let Karyn help you with your Real Estate Investments.

 

Looking to Buy or Sell Investment Property here in OKC?       Give Karyn a call  405-605-6445

We ranked #5 out of 141 Property Management Companies in Oklahoma City.

October 29, 2019 by kseabrooke Leave a Comment

 

We ranked #5 out of 141 Property Management Companies in Oklahoma City.

Best Property Management.  Property Management Pros, keep up the good work.

If you are considering investment property or if you need a proven local property management team, give Karyn a call 405-605-6445
Key Realty and Property Management
www.keyrealtyokc.com

See the entire article right here. 

https://www.expertise.com/…/oklahoma-ci…/property-management

 

 

https://www.expertise.com/ok/oklahoma-city/property-management

Just Sold – Multi-family Investment Property for Sale in OKC

October 27, 2019 by kseabrooke Leave a Comment

Just Sold – Multi-family Investment Property for sale in OKC

Karyn starts her year off with the Sale of this elegant historical apartment property located by the OU Medical Center.
The “out of state buyer ” retained Karyn and her property management  company to continue with management of their new investment. 
If you are looking to Buy or Sell Investment Property in the OKC metro area, call Karyn. 
 
Attractive, recently remodeled Multi-family Investment Property for Sale in OKC.                                                                                                    The Chateau De Fleurs Building is for sale, located in  Lincoln Terrace.
This gem of a property features 9 historically preserved Flats. Each of which have been completely updated bringing them into the 21st Century while maintaining the charm of the early 1900’s.
New stainless steel appliances, and central heat/air. Electric panels updated and significant improvements over the past couple of years.
Situated right next to OU Medical Center, several blocks to the state capitol complex and less than one mile to downtown OKC.
Gated entry and secure off-street parking. 
This newly listed investment property is priced at only $815,000.
You can find this and other investment properties for sale here!
 


Call Karyn today for more information and to setup a viewing appointment.

 
Karyn Seabrooke
Key Realty and Property Management.
405-605-6445

Apartment Complex – Listed and Sold in a week!

March 2, 2019 by kseabrooke Leave a Comment

16 Unit Apartment Complex – Listed and Sold in a week!

Looking to Sell your Investment Property? 

Look no further than Karyn at Key Realty and Property Management.

Whether you are Buying or Selling Investment Property here in the Oklahoma City Metro, you can rely on Karyn and her Team for top guidance and professionalism throughout the transaction process. Karyn is a seasoned Investor herself having owned and managed hundreds of apartments and homes in the metro over the past 20+ years. 

Don’t delay, make the call today.

Karyn Seabrooke                                                                                                                                                                                                                            Key Realty and Property Management                                                                                                                                                                                        405-605-6445

 

 

 

Investor Alert! Strong Cash Flow – Hurry Hurry…Price $190K

February 26, 2019 by kseabrooke Leave a Comment

Investor Alert! Strong Cash Flow

Multifamily listing Wow 6 units… this won’t last at $190K. 

Two single family dwellings plus 4 garage apartments- 6 units total. This home is a 2 bed 1 bath 1 plus 2 garage apts in the back. The home next door is a 3 bed 2 bath 1 Car garage plus 2 garage apts in the back. Combined square footage for all units is 4941. Both homes have a shared drive way. Please see rent rolls and financials provided. This home has central heat and window units for a/c. All the garage apts have window units and gas wall heaters. The second home has central heat and air.

All units are rented. Homes and apts are easy to rent. This listing is being sold as-is.

Monthly Income $7,500 per month

 

 

 

Call 405-605-6445 for your showing.

 

Key Realty and Property Management

 

Looking to Buy Investment Property in OKC? Call Key Realty and Property Management

December 11, 2018 by kseabrooke Leave a Comment

Buying Investment Property in OKC

If you are looking at Buying Investment Property in OKC – Look to the Experts at Key Realty and Property Management.

We are a Full Service Property Management Company and we can help you find the right Investment Property or if you are thinking of Selling – we have plenty of current clients looking to add to their existing portfolio.

10 Reasons To Invest In Oklahoma City Real Estate Market

Oklahoma City is home to just over 600,000 people. The metropolitan area is home to over a million people. The Oklahoma City housing market is stable to strong because it is slowly growing. The Oklahoma metro area grew from 1.25 to 1.4 million between 2010 and today. Here are 10 reasons to invest in the Oklahoma City real estate market.

1. It Is Landlord Friendly

Oklahoma in general is landlord friendly. In general, you don’t need a rental license to be a landlord in the state. There is no payment grace period law. Interest isn’t owed on deposits. Landlords can evict a tenant in Oklahoma City for failure to pay rent, criminal activity and material breaches of the lease. If the landlord wants to evict them for a breach of lease, a ten day written notice is required in which the tenant has to solve the issue. If they don’t, they can be given 15 days to leave. The only exception is criminal activity that poses a health or safety threat to tenants and those around them – you can evict someone immediately for that. This includes illegal drug activity in a the unit. Eviction can proceed five days after failing to pay the rent.

2. Steady Growth in Property Values

The Oklahoma City real estate market is bolstered by steady population growth of 1% to 2% a year, both within Oklahoma City itself and the surrounding suburbs. This keeps housing prices and rental rates going with the rate of inflation if not better. However, it doesn’t create the boom or bust cycles that risks landlords losing all their equity when a hot market cools.

3. Housing Stock Growth Is Slow

Oklahoma City is issuing building permits for single family housing slowly. New multi-family housing stock is slow to nonexistent. The Core to Shore redevelopment of downtown Oklahoma City will bring new commercial buildings to accompany the new convention center. However, this urban redevelopment plan does not include condo towers and apartment buildings that would lower demand for rental units in the surrounding area.

4. Long Term Potential

The Oklahoma City real estate market is bolstered over the long term by its excellent long term demographic trends. The median age is in the mid-thirties, several years younger than the rest of the country. A quarter of the population is under age 18, and because of the strong local economy, they don’t have to move away to find work. Expect locals to stay and raise their families here, keeping the local Oklahoma City housing market stable.

5. Affordable Housing Stock for Investors

The Oklahoma City real estate market is notable for how affordable real estate is. The median value of an owner-occupied home according to the Census was $143,000 as of 2016. In 2018, the media value was $155,000. Despite this price appreciation, you can buy single family homes to rent out at a fraction of the cost of a California condo.

6. A Fairly Large Pool of Potential Renters

Kiplinger gave Oklahoma City a 3 for affordability by first time home buyers. The median household income is around $50,000. This means that there is a moderately large minority of residents who cannot afford to buy a home despite the relatively low cost of real estate.

7. Good Rental Rates

According to Census.gov, the median gross rent between 2012 and 2016 in Oklahoma City was around $800. However, the rental rate depends on where you live and how large the place is. For example, a one bedroom apartment in downtown costs around $800 a month to rent whereas you’d pay about $600 a month in the suburbs. A three bedroom apartment in the suburb costs $1000-$1100 per month, whereas you’d pay $1300 or more per month for a three bedroom apartment. Many residents would pay this amount or a little more to rent a single family home, while the mortgage and property taxes on the property would let the landlord clear several hundred dollars a month.

8. Overall Market Stability

We touched on the topic of not wanting to end up buying at the peak of a housing bubble before the collapse. For those who want to know their investment will retain its value, you’ll appreciate knowing that Oklahoma City is one of the least volatile housing markets in the country. The FHFA home price index only showed year over year declines in four quarters between 2011 and 2016. While these years aren’t the worst for real estate (see the 2007-2008 housing collapse), they reflect a large part of the Obama recession where housing fluctuated wildly before beginning to recover.

9. A Large Student Population

Oklahoma City is notable for the relatively large number of colleges and universities in the area. There are five public universities in Oklahoma City and its suburbs. There are fifteen more private universities in and around the city. If you want to invest in the Oklahoma City housing market while catering to students, this diversity is a plus because the value of the housing isn’t tied to the rise and fall of one particular university.

10. It Is Better Than Tulsa in General

We think the Oklahoma City real estate market is a better choice for real estate investors than neighboring Tulsa for several reasons. Tulsa keeps showing up in lists for first time home buyers because it is more affordable than Oklahoma City. That means there are fewer potential renters who would pay well to rent a good single family home or apartment. Tulsa has twice the population density. That makes single family homes for rent more expensive and harder to find for potential landlords. The smaller average household size in Tulsa reduces the share of the population that wants to rent a larger residence, as well. Oklahoma City has a slightly lower cost of living than Tulsa, as well, attracting more residents from out of state and improving profit margins for property owners.

Source  http://www.noradarealestate.com/blog/oklahoma-city-real-estate-market/

Call Tom or Karyn at Key Realty and Property Management today…   405-605-6445

Looking to Buy or Sell Investment Property? Needing a good Property Management Company? Look no further than Key Realty and Property Management 405-605-6445 or text to 405-409-7779   https://www.keyrealtyokc.com #propertymanagement #okcrentals #corporatehousing #investmentproperties Key Realty

Thinking of Buying Investment Property?

November 30, 2018 by kseabrooke Leave a Comment

Buying Investment Property in OKC

If you are looking at Buying Investment Property in OKC – Look to the Experts at Key Realty and Property Management.

We are a Full Service Property Management Company and we can help you find the right Investment Property or if you are thinking of Selling – we have plenty of current clients looking to add to their existing portfolio.

10 Reasons To Invest In Oklahoma City Real Estate Market

Oklahoma City is home to just over 600,000 people. The metropolitan area is home to over a million people. The Oklahoma City housing market is stable to strong because it is slowly growing. The Oklahoma metro area grew from 1.25 to 1.4 million between 2010 and today. Here are 10 reasons to invest in the Oklahoma City real estate market.

1. It Is Landlord Friendly

Oklahoma in general is landlord friendly. In general, you don’t need a rental license to be a landlord in the state. There is no payment grace period law. Interest isn’t owed on deposits. Landlords can evict a tenant in Oklahoma City for failure to pay rent, criminal activity and material breaches of the lease. If the landlord wants to evict them for a breach of lease, a ten day written notice is required in which the tenant has to solve the issue. If they don’t, they can be given 15 days to leave. The only exception is criminal activity that poses a health or safety threat to tenants and those around them – you can evict someone immediately for that. This includes illegal drug activity in a the unit. Eviction can proceed five days after failing to pay the rent.

2. Steady Growth in Property Values

The Oklahoma City real estate market is bolstered by steady population growth of 1% to 2% a year, both within Oklahoma City itself and the surrounding suburbs. This keeps housing prices and rental rates going with the rate of inflation if not better. However, it doesn’t create the boom or bust cycles that risks landlords losing all their equity when a hot market cools.

3. Housing Stock Growth Is Slow

Oklahoma City is issuing building permits for single family housing slowly. New multi-family housing stock is slow to nonexistent. The Core to Shore redevelopment of downtown Oklahoma City will bring new commercial buildings to accompany the new convention center. However, this urban redevelopment plan does not include condo towers and apartment buildings that would lower demand for rental units in the surrounding area.

4. Long Term Potential

The Oklahoma City real estate market is bolstered over the long term by its excellent long term demographic trends. The median age is in the mid-thirties, several years younger than the rest of the country. A quarter of the population is under age 18, and because of the strong local economy, they don’t have to move away to find work. Expect locals to stay and raise their families here, keeping the local Oklahoma City housing market stable.

5. Affordable Housing Stock for Investors

The Oklahoma City real estate market is notable for how affordable real estate is. The median value of an owner-occupied home according to the Census was $143,000 as of 2016. In 2018, the media value was $155,000. Despite this price appreciation, you can buy single family homes to rent out at a fraction of the cost of a California condo.

6. A Fairly Large Pool of Potential Renters

Kiplinger gave Oklahoma City a 3 for affordability by first time home buyers. The median household income is around $50,000. This means that there is a moderately large minority of residents who cannot afford to buy a home despite the relatively low cost of real estate.

7. Good Rental Rates

According to Census.gov, the median gross rent between 2012 and 2016 in Oklahoma City was around $800. However, the rental rate depends on where you live and how large the place is. For example, a one bedroom apartment in downtown costs around $800 a month to rent whereas you’d pay about $600 a month in the suburbs. A three bedroom apartment in the suburb costs $1000-$1100 per month, whereas you’d pay $1300 or more per month for a three bedroom apartment. Many residents would pay this amount or a little more to rent a single family home, while the mortgage and property taxes on the property would let the landlord clear several hundred dollars a month.

8. Overall Market Stability

We touched on the topic of not wanting to end up buying at the peak of a housing bubble before the collapse. For those who want to know their investment will retain its value, you’ll appreciate knowing that Oklahoma City is one of the least volatile housing markets in the country. The FHFA home price index only showed year over year declines in four quarters between 2011 and 2016. While these years aren’t the worst for real estate (see the 2007-2008 housing collapse), they reflect a large part of the Obama recession where housing fluctuated wildly before beginning to recover.

9. A Large Student Population

Oklahoma City is notable for the relatively large number of colleges and universities in the area. There are five public universities in Oklahoma City and its suburbs. There are fifteen more private universities in and around the city. If you want to invest in the Oklahoma City housing market while catering to students, this diversity is a plus because the value of the housing isn’t tied to the rise and fall of one particular university.

10. It Is Better Than Tulsa in General

We think the Oklahoma City real estate market is a better choice for real estate investors than neighboring Tulsa for several reasons. Tulsa keeps showing up in lists for first time home buyers because it is more affordable than Oklahoma City. That means there are fewer potential renters who would pay well to rent a good single family home or apartment. Tulsa has twice the population density. That makes single family homes for rent more expensive and harder to find for potential landlords. The smaller average household size in Tulsa reduces the share of the population that wants to rent a larger residence, as well. Oklahoma City has a slightly lower cost of living than Tulsa, as well, attracting more residents from out of state and improving profit margins for property owners.

Source  http://www.noradarealestate.com/blog/oklahoma-city-real-estate-market/

Call Tom or Karyn at Key Realty and Property Management today…   405-605-6445

Looking to Buy or Sell Investment Property? Needing a good Property Management Company? Look no further than Key Realty and Property Management 405-605-6445 or text to 405-409-7779   https://www.keyrealtyokc.com #propertymanagement #okcrentals #corporatehousing #investmentproperties Key Realty

Interested in Real Estate Investment Property?

February 19, 2018 by kseabrooke Leave a Comment

WHY OKLAHOMA CITY MAKES ONE OF THE GREAT REAL ESTATE INVESTMENT MARKETS TODAY

Oklahoma City, OK is one of the GREAT real estate investment markets right now. With sustainable growth and cash flow, it is a top pick for  real estate investment and investors! Check out the Oklahoma City turnkey investment properties on our website or give us a call, but FIRST, read why this is such a great Investment Market!Key Realty and Property ManagementIf you could design the perfect cash flow market, what would you want? –

Long term sustainable returns, both cash Flow and Capital Growth (appreciation)  Oklahoma City has the attributes that seasoned investors are looking for in a real estate investment.

  • High rents compared to purchase prices
  • High demand for rental units with low vacancies
  • Easy and fast eviction laws
  • High incomes relative to home prices
  • Low unemployment
  • Great school systems
  • Undervalued market
  • Baby boomer appeal
  • Local government with a 15 year growth initiative (in full swing and effective)
  • Lowest unemployment (for cities over 1 million population) 3.5% (Forbes)
  • 2nd best place to start a small business ( Business Journal)
  • 5th best city to retire in (AARP)
  • 7th best boomtown / population growth (Bloomberg)
  • 17th fastest growing city in the country (Forbes)

OKLAHOMA CITY IS A REAL ESTATE INVESTMENT MARKET THAT OFFERS VIRTUALLY ALL OF THE FIVE WEALTH BUILDING PRINCIPALS

Oklahoma city market reflects the I.D.E.A.L. investment as it can will will provide:

  • Income: from positive cash flow
  • Deductions: reduced tax liabilities are money in your pocket
  • Equity: Tenants’ paying down your mortgage increases your return at sale
  • Appreciation: the economy in this emerging market is poised to maximize your appreciation (this is where wealth is created)
  • Leverage: financing will be available for our foreign and domestic investors allowing you to make money off of borrowed money (O.P.M.)

Your strongest most sustainable markets are those markets that have forward thinking city initiatives with plans for strategic growth. Oklahoma city has done their diligence and has captured the spirit of economic growth in this set of 3 (Oklahoma City 5 year initiative plan).

You got to love forward thinking long term visionaries and Oklahoma City has definitely done their homework. They created the 5 year initiative and all you have to do is tour the city and see the growth this proud city is experiencing.

WOULD LIKE TO FIND OUT MORE ABOUT THE OKLAHOMA CITY MARKET?

Call Tom or Karyn at Key Realty and Property Management – 20+ years as Property Owners and Property Managers for over 80 clients.

tom@keyrealtyokc.com

karyn@keyrealtyokc.com

405-605-6445  

Awesome Rental Income Property For Sale NW OKC

November 21, 2016 by kseabrooke Leave a Comment

Awesome Rental Income Property For Sale NW OKC

Very Affordable Living at the Villa Manor Apartments on 35th Street.

Investment Property OKC Key Realty

Investment Property

This small complex is nestled in the Darralls Addition in Oklahoma City. Talk about location. Close to the Shepherd Shopping area, easy access to I-44 highway, shopping and great restaurants on May Avenue. Right on the bus line for those seeking a more green mode of transportation. These cute 1 bedroom 1 bath apartments are all electric and come with refrigerator and electric stoves, the bedrooms are nice sized with a spacious living and dining area. Roof replaced in 2012, concrete decks resurfaced 2013, new exterior windows 2016, most units have been remodeled on the interior.

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Key Realty and Property Management LLC

4415 N Classen Blvd, Oklahoma City OK 73118

(405) 605-6445 Office | (405) 605-6440 Fax
Contact Karyn

Karyn Seabrooke

Key Realty and Property Management is a full service real estate company specializing in residential, commercial, investment real estate and offers professional property management. Karyn has been involved in property ownership, management, and real estate development in Oklahoma City since 1994. Meet Karyn Seabrooke
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