$1,750,000
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7295 E Us Highway 270 Unit 7295 Alderson, OK 74501
Apartment
Residence
Beds
Baths
15,964
Sq. Ft.
2
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 sta...bility 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.
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MLS#
2433973
Property Type
Apartment
Year Built
2007
Square Feet
15,964
sq. ft
Lot Size
2
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