3124 N May Avenue, Oklahoma City, OK 73112

About this home

6% Owner Carry Asset(Terms apply) with 1 Acre Development Site + 20% Immediate Value-Add Upside Bypassing current 8% plus bank rates, this $2.7M retail center features an incredible 6% owner-carry note that delivers $6,200/month in net cash flow from day one at just 80% occupancy. Current leases gross $14500 per month if you choose the owner carry option the P&I would be $8597.17 per month making gross cash flow of $5902.83. This is a one of a kind opportunity and would make a great addition to any portfolio. Spanning a full city block from NW 31st to NW 32nd on the northeast side of May, this 31,012 sq. ft. (MOL) neighborhood shopping center offers reliable in-place cash flow paired with outstanding upside. The property features ~11,748 sq. ft. of paved parking plus 1 to 1.2 acres of undeveloped land on the east side—ideal for multifamily, duplexes, or residential rental development. Current Rent Roll & Lease Highlights: Harry’s Grill: $3,700/mo (Leased through May 2027) 3132 / 2840 (Combined Unit): $3,500/mo (Leased through March 2027) 3126 N. May: $3,000/mo (40-year anchor tenant; MTM, desires long-term extension with buyer) 3130 N. May: $2,200/mo (MTM, desires new lease with buyer) 3128 N. May: $1,200/mo (MTM, desires new lease with buyer) 3124 B–C: $900/mo (2-year lease) Current Monthly Gross: $14,500/month ($174,000/year) Value-Add Potential: Several vacant units offer immediate lease-up potential at approximately $1,500/month each, complemented by the surplus land ready for ground-up expansion. Owner Financing Terms Available: Purchase Price: $2,700,000 Down Payment: $1,500,000 (Loan Amount: $1,200,000) Terms: 6.0% interest | 20-year amortization Monthly P&I: $8,597.17 (Buyer responsible for property taxes and insurance) Buyer to verify all information, dimensions, and zoning.