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703 S 8th Ave
Madill, OK 73446
Duplexes of Madill · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Close to Texoma
- Close to lake Murray
- Large duples & triplex homes
PROPERTY FACTS
| No. Units | 16 | Building Size | 14,285 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1974 |
| Building Class | B | Parking Ratio | 2.24/1,000 SF |
| Lot Size | 1.64 AC | ||
| Zoning | Multifamily - Multifamily | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.64 AC |
| Building Size | 14,285 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1974 |
| Parking Ratio | 2.24/1,000 SF |
| Zoning | Multifamily - Multifamily |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Disposal
- Ceiling Fans
- Refrigerator
- Range
SITE AMENITIES
- Laundry Facilities
ABOUT 703 S 8TH AVE , MADILL, OK 73446
Duplexes of Madill, OK in Marshall County is a group of 7 brick buildings. A Total of 16 1,2,and 3 bedroom Town Homes! Although Madill is a smaller town, Annual festivals, and a close proximity to Lake Texoma, Sheppard Air Force Base, and Southeastern University keep the town thriving and growing. The property operates with an average occupancy in the mid 90's . The neighboring property is Madill School systems, and surrounding residential brick homes. There is a Laundry building on site, small yard areas near each home, as well as ample parking. Potential for ancillary income with short term stays in the summer months to accommodate Lake Texoma visitors and laundry room upgrades. These are larger homes with the one bedroom town home measuring a generous 649 sqft, and the largest unit being 1,100 sqft. The interiors of the town homes feature hard surface flooring, and have undergone several renovations over the past few years. Of the 16 units, several are occupied by long term residents, that are invested in the mature landscaping. Currently, the property has 1 on-site employee to care for the Duplexes. The current owner has held the asset for 15 years, and is diversifying his portfolio.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $375.00 | 649 |
| 2+1 | 6 | $475.00 | 949 |
| 3+2 | 8 | $575.00 | 1,100 |
PROPERTY TAXES
| Parcel Number | 0680-00-001-000-0-002-00 | Improvements Assessment | $84,664 |
| Land Assessment | $17,522 | Total Assessment | $102,186 |
PROPERTY TAXES
