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301 E Washington Ave
Mcalester, OK 74501
Washington Court Apartments · Multifamily Property For Sale
·
87 Units
Investment Highlights
- High Occupancy Rate: Current occupancy at 96%, showcasing strong demand.
- Prime Market Location: Situated in McAlester, a regional economic hub with a growing population and stable demand for premium residential housing.
- Washington Court presents an excellent opportunity for investors looking to acquire a wellmaintained, high-occupancy property in a stable and expandin
- Recent Renovations: Significant capital improvements, including unit and common area renovations, updated HVAC systems, new boiler and chillers.
- Diverse Tenant Base: The property’s amenities and unit mix appeal to a wide range of tenants, ensuring long-term occupancy and stable cash flow.
Property Facts
| No. Units | 87 | Lot Size | 0.92 AC |
| Property Type | Multifamily | Building Size | 60,000 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1986/2024 |
| Building Class | C | Parking Ratio | 0.58/1,000 SF |
| No. Units | 87 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.92 AC |
| Building Size | 60,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1986/2024 |
| Parking Ratio | 0.58/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Gameroom
- Laundry Service
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 65 | - | 576 - 695 |
| 2+1 | 19 | - | 720 - 865 |
| 2+2 | 3 | - | 895 - 974 |
Property Taxes
| Parcel Number | 0100-00-298-004-0-004-00 | Improvements Assessment | $232,097 |
| Land Assessment | $14,021 | Total Assessment | $246,118 |
Property Taxes
Parcel Number
0100-00-298-004-0-004-00
Land Assessment
$14,021
Improvements Assessment
$232,097
Total Assessment
$246,118
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