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Listed by Deidre Beach • Whittington Realty
$ 2,800,000
Est. payment /mo
Active
11522 Cottage LN Jones, OK 73049
15,408 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
Square Footage 15,408 sqft
Price per Sqft $181
MLS Listing ID OKC1233573
Construction Status Brick
Year Built 2021
Annual Tax Amount $17,667
Lot Size 4.996 Acres
Acres 5.0
Property Sub-Type Special Purpose
Property Description
Investment Opportunity!! 14-Unit Gated 50+ Multifamily Community on 5 Acres.
Exceptional opportunity to acquire a well-maintained, income-producing multifamily property in the growing Oklahoma City metro/Jones area. This gated 50+ community consists of 7 duplex buildings totaling 14 residential rental units situated on approximately 5 peaceful acres with mature trees and attractive grounds.
Each unit offers approximately 1,080 square feet of living space and features 2 bedrooms, 2 bathrooms, a dedicated laundry room, laminate wood flooring, granite countertops, and stainless-steel appliances. The thoughtfully designed floor plans and quality finishes provide comfortable living for residents while minimizing maintenance concerns for ownership.
In addition to the residential units, the property includes a 1,200-square-foot community office building located just inside the gated entrance. The office features a private office, spacious open work area, restroom, and climate-controlled storage units. Adjacent to the office is a 36' x 50' workshop with 14-foot ceilings and a restroom, providing excellent flexibility for maintenance operations, storage, or additional business uses.
Property Highlights:
14 rental units (7 duplexes)
Gated 50+ community
All units are 2 Bed / 2 Bath with laundry rooms
Approximately 1,080 SF per unit
Granite countertops and stainless-steel appliances
Laminate wood flooring throughout
1,200 SF community office building
Climate-controlled storage
36' x 50' workshop with 14' ceilings and restroom
Approximately 5 acres with mature trees
Well-maintained income-producing asset
Convenient access to I-35 and Oklahoma City
Located in a growing market with strong long-term demand
This turnkey investment offers stable income potential, attractive amenities, and expansion opportunities in a desirable setting with convenient access to employment, healthcare, shopping, and transportation corridors.
Exceptional opportunity to acquire a well-maintained, income-producing multifamily property in the growing Oklahoma City metro/Jones area. This gated 50+ community consists of 7 duplex buildings totaling 14 residential rental units situated on approximately 5 peaceful acres with mature trees and attractive grounds.
Each unit offers approximately 1,080 square feet of living space and features 2 bedrooms, 2 bathrooms, a dedicated laundry room, laminate wood flooring, granite countertops, and stainless-steel appliances. The thoughtfully designed floor plans and quality finishes provide comfortable living for residents while minimizing maintenance concerns for ownership.
In addition to the residential units, the property includes a 1,200-square-foot community office building located just inside the gated entrance. The office features a private office, spacious open work area, restroom, and climate-controlled storage units. Adjacent to the office is a 36' x 50' workshop with 14-foot ceilings and a restroom, providing excellent flexibility for maintenance operations, storage, or additional business uses.
Property Highlights:
14 rental units (7 duplexes)
Gated 50+ community
All units are 2 Bed / 2 Bath with laundry rooms
Approximately 1,080 SF per unit
Granite countertops and stainless-steel appliances
Laminate wood flooring throughout
1,200 SF community office building
Climate-controlled storage
36' x 50' workshop with 14' ceilings and restroom
Approximately 5 acres with mature trees
Well-maintained income-producing asset
Convenient access to I-35 and Oklahoma City
Located in a growing market with strong long-term demand
This turnkey investment offers stable income potential, attractive amenities, and expansion opportunities in a desirable setting with convenient access to employment, healthcare, shopping, and transportation corridors.
Location
State OK
County Oklahoma
Zoning Multi-Family
Interior
Heating Gas
Cooling Central Elec
Fireplace N
Exterior
Parking Features Concrete
Garage Spaces 2.0
Garage Description Concrete
Building
Structure Type Brick
Construction Status Brick
Others
Miscellaneous Other,Shop,Storage,Wellhouse
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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