$1,200,000
$1,200,000
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48 Beds
24 Baths
20,196 SqFt
SOLD DATE : 06/02/2023
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 20,196 sqft
Price per Sqft $59
MLS Listing ID 1059683
Sold Date 06/02/23
Style Traditional
Bedrooms 48
Full Baths 24
Construction Status Brick & Frame
Year Built 1983
Property Description
This very well maintained 24 unit complex has everything an investor needs: Updated units in excellent condition with little to no deferred maintenance, Solid rental location, Strong rental income upside, and Best unit mix of all... 2 bed units. The exterior is primarily brick offering very low maintenance and the roofs are traditional pitched roofs with low maintenance asphalt shingles. This complex offers the new owner the opportunity to take advantage of the strong rental rates in the area of $836 per recent CoStar research (see attachment). The property is across the street from a Super Target, Starbucks, Academy Sports, Qdoba, Pets Mart, TJ Maxx and more offering unapparelled conveniences for the tenants, with Walmart and dozens of restaurants nearby.
This is a solid offering, in a solid area with great upside and long term potential for its new owner.
* Complete marketing and financial packet is available upon request *
Location
State OK
County Comanche
Interior
Heating Other
Cooling Other
Exterior
Roof Type Composition
Private Pool Yes
Building
Lot Description Interior
Story 2.0000
Foundation Slab
Structure Type Brick & Frame
Construction Status Brick & Frame
Schools
Elementary Schools Adams Es
Middle Schools Central Ms
High Schools Eisenhower Hs
School District Lawton
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Bought with Robert R Williams • Salt Real Estate Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "