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1501 Wade St 8 Unit Apartment Building $575,000 ($71,875/Unit) Sayre, OK 73662
EXECUTIVE SUMMARY
Investment Opportunity: 8-Unit Townhome Complex in Sayre. Don't miss this rare opportunity to own a well-maintained 8-unit townhome complex in the heart of Sayre, Oklahoma. These two-story townhomes offer strong curb appeal and are in excellent condition, making them a standout in the rental market. Each unit includes a dedicated covered parking space and features a functional layout ideal for long-term tenants. The property boasts a solid rental history, with units typically staying fully occupied. Tenants are responsible for their own utilities, while water is averaged monthly. Situated on a spacious lot, there is ample room for expansion, presenting the potential to add more units and increase revenue. Annual insurance is $6,104. Whether you're looking to grow your investment portfolio or step into multi-family ownership, this property is a turnkey solution with room to grow.
PROPERTY FACTS
| Price | $575,000 | Building Class | B |
| Price Per Unit | $71,875 | Lot Size | 1.50 AC |
| Sale Type | Investment | Building Size | 6,840 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2013 |
| Property Subtype | Apartment | Parking Ratio | 0.29/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | C1 | ||
| Price | $575,000 |
| Price Per Unit | $71,875 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.50 AC |
| Building Size | 6,840 SF |
| No. Stories | 2 |
| Year Built | 2013 |
| Parking Ratio | 0.29/1,000 SF |
| Zoning | C1 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 8 | - | 885 |
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PROPERTY TAXES
| Parcel Number | 0640-00-023-001-0-001-00 | Improvements Assessment | $47,078 |
| Land Assessment | $7,914 | Total Assessment | $54,992 |
PROPERTY TAXES
Parcel Number
0640-00-023-001-0-001-00
Land Assessment
$7,914
Improvements Assessment
$47,078
Total Assessment
$54,992
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1501 Wade St
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