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2830 N MacArthur Ave 7 Unit Apartment Building $1,400,000 ($200,000/Unit) 5.86% Cap Rate Blanchard, OK 73010
Investment Highlights
- Highway Frontage
- Room to build
- Situated on a spacious 4.66-acre lot
- Income Generating
- Opportunities to possibly rezone
Executive Summary
On the corner of Highway 62 and Macarthur Blvd in Blanchard. Opportunities to possibly rezone and build more investment properties - This fully rented income-producing property features a triplex, duplex, and single-family home, all occupied with long-term tenants—offering immediate cash flow from day one. Situated on a spacious 4.66-acre lot, this unique setup provides both stability and future potential. The east portion of the land offers a prime opportunity for commercial rezoning or development, making this an ideal asset for investors looking to expand their portfolio or capitalize on future growth. Don’t miss your chance to own a diverse property with built-in income and room to grow.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,400,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $200,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 4.66 AC |
| Cap Rate | 5.86% | Building Size | 11,366 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1996 |
| Price | $1,400,000 |
| Price Per Unit | $200,000 |
| Sale Type | Investment |
| Cap Rate | 5.86% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 4.66 AC |
| Building Size | 11,366 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1996 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 2 | - | - |
| 3+2 | 1 | - | - |
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 00001508N04W000400 | Total Assessment | $51,209 |
| Land Assessment | $5,445 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $45,764 | Tax Year | 2025 |
Property Taxes
Parcel Number
00001508N04W000400
Land Assessment
$5,445
Improvements Assessment
$45,764
Total Assessment
$51,209
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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2830 N MacArthur Ave