Some Oklahoma City real estate short sales are just downright great deals and this is one fo them. 7709 S Embassy Terrace is perfect for those looking for an affordable home that doesn't need to be fixed up. The home is 1844 SF (mol) on a large 90x145 foot lot and has a 27x29 concrete block shop in the back with electricity and air conditioning. The home has had a major kitchen renovation, the carpet has been replaced in the last six months, and the home completely repainted. It also has 4 bedrooms, two full baths, a half bath, and a two car garage. The Mustang Public School System is one of the best, and the location is just 10 minutes from downtown Mustang, 5 minutes from Will Rogers World Airport, 10 minutes from Dell Computers, and 20 minutes from downtown Oklahoma City and the State Capitol Complex.
Priced at only $95,000 this could be an outstanding buy for an investor looking for close to a 30% pretax annualized internal rate of return . The home would easily rent for $1100 a month or more. Whether you are looking for an affordable home to live in, or an investor looking for a high rate of return on a fixed up home, this should be the home for you. To see more pictures and information about the home you can click on this multimedia flyer to see what a great house for the money this is.
If you are having trouble making your house payments and want to avoid foreclosure, please visit our real estate short sale site, www.avoidforeclosureoklahoma.com for answer to your questions and current options you have.
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