Prime multi-family investment opportunity near OSU campus! Discover an exceptional investment opportunity with this 14-unit portfolio, located just minutes from Oklahoma State University. Boasting an impressive average gross income of over $10,000 per month, this property consistently maintains an occupancy rate of over 90%. The portfolio includes a 10-unit apartment complex, each unit featuring one bedroom, one bathroom, and a cozy living area. Four of the ten units have been recently remodeled, showcasing new paint, flooring, bathroom fixtures, and cabinetry. Additionally, the property includes a charming single-family home with 2 bedrooms and 2 bathrooms, providing comfortable living space. There's also a duplex, with each unit offering one bedroom and one bathroom, perfect for student rentals or young professionals. Furthermore, the property features another single-family home with 2 bedrooms and 1 bathroom, ideal for small families or roommates. With its prime location near OSU and a mix of updated and original units, this property promises a steady and lucrative income stream. Don't miss out on this remarkable investment opportunity!
MLS# | 1115430 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1951 |
Days On Site | 238 |
Listing Provided By | Chinowth & Cohen | Heston Bush |
SQ Feet | 22,504 |
---|---|
Zoning | Other |
State | OK |
---|---|
County | Payne |
City | Stillwater |
Zip Code | 74074 |
Area | Payne |
Listing VS Median (in 74074) | |
Price: $800,000 low | high Med: $233,102 SqFt: 22,504 low | high Med: 1,543 $ / SqFt: $36 low | high Med: $151 On Site: 238 low | high Med: 38.500000 |