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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

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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

PROPERTY FACTS

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 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1544-00-000-017-0-017-06
Land Assessment
$5,610
Improvements Assessment
$170,899
Total Assessment
$176,509
  • Listing ID: 33837495

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 7295 E HWY 270, Mcalester, OK 74501

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