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7295 E HWY 270 14 Unit Apartment Building $1,750,000 ($125,000/Unit) 7.80% Cap Rate Mcalester, OK 74501
Executive Summary
• Strong 7.8% cap rate for solid ROI
• Stable investment with 100%occupancy
• 21,280 square feet under roof on 2.0 acres
• Septic system- Four tank system
• Highway frontage with 4 miles east of McAlester
• Stable investment with 100%occupancy
• 21,280 square feet under roof on 2.0 acres
• Septic system- Four tank system
• Highway frontage with 4 miles east of McAlester
Property Facts
| Price | $1,750,000 | Apartment Style | Townhome |
| Price Per Unit | $125,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 2.00 AC |
| Cap Rate | 7.80% | Building Size | 17,236 SF |
| No. Units | 14 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2018 |
| Price | $1,750,000 |
| Price Per Unit | $125,000 |
| Sale Type | Investment |
| Cap Rate | 7.80% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 17,236 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2018 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+2 | 5 | - | - |
| 3+2 | 4 | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 1544-00-000-017-0-017-06 | Improvements Assessment | $179,724 |
| Land Assessment | $5,610 | Total Assessment | $185,334 |
Property Taxes
Parcel Number
1544-00-000-017-0-017-06
Land Assessment
$5,610
Improvements Assessment
$179,724
Total Assessment
$185,334
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7295 E HWY 270
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