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1205 S Main St 4 Unit Mobile Home Park $100,000 ($25,000/Unit) 1% Cap Rate Altus, OK 73521
Investment Highlights
- On the main highway with billboard
- Owner-use office
- Two double-wide trailers – fully leased
- $3,000 monthly rental income
Executive Summary
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$1,000
|
$0.14
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,000
|
$0.14
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $1,000 |
| Annual Per SF | $0.14 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $1,000 |
| Annual Per SF | $0.14 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
About 1205 S MAIN ST , ALTUS, OK 73521
Located at 1205 S Main Street in Altus, Oklahoma, this versatile investment property offers a compelling mix of residential income and owner-use commercial space. This has 4 tenants, storage shed and gazebo and 10 parking spaces beside ahorse farm. For sale by owner. 4 renters are month to month and can move out or keep. Total income is 1300 per month. An underground storm shelter is also located on the property, providing a secure space during severe weather conditions. The overall site is organized to support both residential living and professional activity, with a straightforward layout and essential amenities that enhance its usability and appeal.
Property Taxes
| Parcel Numbers | Improvements Assessment | $17,094 (2025) | |
| Land Assessment | $2,621 (2025) | Total Assessment | $19,715 (2025) |
Property Taxes
Presented by
Joshua Osborne
1205 S Main St
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