$1,750,000
( $109.62Per Sq Foot )
 $9,394 est/mo Sourced by Back At You

7295 E Us Highway 270 , Alderson, OK 74501

Alderson, OK 74501

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Description

Investment Highlights Cap Rate: With a robust 7.8% cap rate, this well-maintained property provides potential buyers with a solid return on investment. Stable Occupancy: The complex has maintained 100% occupancy with a vacancy rate of less than 2% throughout its life, showcasing long-term tenant stability and minimizing investor risk. Upside Potential: Each unit is separately metered for electricity, allowing the new owner to shift electricity costs to tenants, which can significantly increase the net operating income (NOI). Owner Financing: The seller is willing to consider owner financing up to $500,000, offering flexibility for potential buyers. Well-Maintained: The property is in excellent condition, requiring no immediate capital expenditures, making it an attractive turnkey investment. Garage Parking: All units feature one or two-car garages, enhancing tenant satisfaction and ensuring continued high occupancy. Prime Location: Less than four miles east of McAlester, Oklahoma city limits, on Highway 270, the complex benefits from easy access to local amenities and employment centers within the Township of Alderville.

Details

MLS#2433973
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year2007
Days On Site30
Listing Provided ByKeller Williams SEOK | Kevin Beaty

Features

SQ Feet15,964
ZoningNone
Acreage2.00

Market Activity 74501

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Greater Tulsa Association of REALTORS® MLS.

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Learn More About This Property

StateOK
CountyPittsburg
CityAlderson
Zip Code74501
Community NamePittsburg Co Unplatted
Listing VS Median (in Pittsburg Co Unplatted)
Price:
$1,750,000
low | high
Med:
$274,950
100% of Average
SqFt:
15,964
low | high
Med:
1,448
100% of Average
$ / SqFt:
$110
low | high
Med:
$190
23.322372420782% of Average
On Site:
30
low | high
Med:
85.5
35.087719298246% of Average
Sourced by Back At You
Listing Updated: October 11, 2024 at 7:11:02 PM PDT