Oklahoma City, OK 73127,1210 N Ann Arbor Avenue
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Oklahoma City, OK 73127,1210 N Ann Arbor Avenue
Oklahoma City, OK 73127,1210 N Ann Arbor Avenue
Oklahoma City, OK 73127,1210 N Ann Arbor Avenue
Oklahoma City, OK 73127,1210 N Ann Arbor Avenue
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$ 619,000
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1210 N Ann Arbor Avenue Oklahoma City, OK 73127

3 Beds

2 Baths

1,543 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type More Than 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 1,543 sqft

Price per Sqft $401

MLS Listing ID 1140730

Style Other

Bedrooms 3

Full Baths 2

Construction Status Brick & Frame,Other

Year Built 1985

Lot Size 2.474 Acres

Property Sub-Type More Than 4 Units

Property Description

Unlock the potential of this versatile 2.5-acre property, featuring two occupied single-family homes, 87 storage units, and 60 parking spaces, all located in the heart of thriving Northwest Oklahoma City. One of the single-family homes is a beautifully remodeled 1-bedroom, 1-bath unit, currently leased at $800 per month, providing immediate rental income. The second home presents a great value-add opportunity, with long-term tenants on a month-to-month lease at $675 per month. With some cosmetic updates, this home is primed for a rent increase and added value.

Behind the homes, the self-storage facility offers 87 units and 60 parking spaces. Currently, 61 of the storage units and 36 parking spaces are leased, generating solid cash flow. However, there is significant untapped potential—the only existing advertising is on-site signage, leaving ample opportunity to increase visibility and occupancy through targeted outreach and promotions. The facility is well-secured with an electronic gate and security cameras.

In terms of income potential, the 2024 projections for the self-storage units and parking spaces alone are over $36,000 in gross revenue. With low scheduled expenses—just over $2,500 in 2023 for water, electricity, and lawn care—this property offers a highly attractive return on investment.

This property is a rare opportunity for an investor seeking immediate cash flow with substantial future growth potential. With strong existing income, low operating expenses, and plenty of room for expansion, it offers excellent long-term value. Contact us today to explore this exciting opportunity!

Location

State OK

County Oklahoma

Exterior

Roof Type Composition

Private Pool Yes

Building

Lot Description Interior, Other

Foundation Combination

Level or Stories One

Structure Type Brick & Frame,Other

Construction Status Brick & Frame,Other

Schools

Elementary Schools Hilldale Es

Middle Schools Mayfield Ms

High Schools Putnam City Hs

School District Putnam City

Others

Age Restriction No

Miscellaneous Fenced Property,Inside Storage,Outside Storage,Security Lighting,Security System,Separate Meters,Storage,Tenant Pays Utils,Wellhouse

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/okc/1140730


Multiple Listing Service of Oklahoma (MLSOK)
Listed by Kiera Underwood • Table Property Network
agent

Sarah Bytyqi

Broker | License ID: 154928

+1(405) 850-0362

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1210 N Ann Arbor Avenue