1824 S Perkins Road Active

Stillwater,OK 74074

$ 800000

- Bed

0 Bath

22504 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 22,504 sqft

Price per Sqft $35

MLS Listing ID 1115430

Year Built 1951

Property Sub-Type Investment

Property Description

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!

Location

State OK

County Payne

Zoning Other

Interior

Heating Central Electric

Cooling Central Elec

Building

Sewer Public

Water Public

Structure Type Concrete,Other,Vinyl

Others

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