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Listed price in listed location currency (USD).
$300,000

000

MLS® 2631219

Overview

Key Facts

Type Apartment
Levels Commercial Sale
Size 3364 sqft
Garage 
Maintenance Fees 
Taxes $2,568
Days Active 66
Approx. Age 1992
Avg. Price Per Sqft $89
MLS® Number 2631219

Property Address: 34251 700 Rd, Wagoner, OK, 74467-8700

Average square foot calculated using Size range provided by listing agent.

Description

If you are looking for an immediate income-generating property to add to your portfolio, this small apartment complex is a must-see. The property features a highly marketable mix of five total units, consisting of four spacious 2-bedroom, 1-bathroom apartments and one efficient, easy-to-maintain efficiency unit. Location is everything with this investment. The complex is situated in a highly popular, fast-growing area and sits just minutes from Fort Gibson Lake. This prime location makes it incredibly attractive to local renters who want easy access to the water and outdoor recreation, ensuring historically low vacancy rates. The best part about this property is that the heavy lifting is already done. It is being sold 100% fully occupied, allowing you to collect rental income on day one without dealing with immediate vacancy or leasing hassles. The four larger 2-bedroom units currently command $775 per month each, while the efficiency unit brings in a steady $575 per month. Together, the building generates a total monthly income of $3, 675, translating to a solid gross annual income of $44, 100.Wagoner is seeing steady rental demand, and small complexes like this near the lake are rarely available. Whether you are looking for a hands-off addition to an existing portfolio or a manageable property to start your investing journey, this building offers reliable, immediate cash flow with low overhead. Serious inquiries only. Do not disturb tenants. Financials and lease agreements can be provided upon request during the due diligence period. Buyer to verify all square footage, zoning, and utility configurations. Seller to close with T-Town Title. Listing agent has ownership interest in T-Town Title. Public is able to choose their own title company.
MLS® Number2631219
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1992
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas, Multiple Heating Units
A/CCentral Air, Three Or More Units

Extras

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