1810-1824 Perkins Rd, Stillwater, OK 74074
14 Unit Apartment Building | $750,000 ($53,571/Unit) | 9.73% Cap Rate | Stillwater, OK 74074
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $750,000
- Property Type
-
Multifamily
- Square Feet
- 8,980 SF
Listing Contacts
Heston Bush
Verified Profile
- Property Info
Property Overview
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!
Property Details
- Class
- C
- Year Built
- 1951
- Stories
- 1
- Lot Size (sq. ft)
- 41,382 SF
- Units
- 14
Highlights
- A blend of updated and original units ensures steady revenue.
- Prime location and diverse unit types offer significant potential.
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