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Apartments-315 W Broadway St 315-321 W Broadway St

18 Unit Block of Flats £58,747 (£3,264/Unit) Altus, OK 73521

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Investment Highlights

Close to Downtown

High Rental Demand

Executive Summary

This unoccupied 18-unit apartment complex is in need of a full rehab and being sold AS-IS. Rental housing is in high demand for the SW Oklahoma market with the consistent turn over of Altus Air Force Base personnel and the need of labor for the agriculture industry. This would be a full remodel; however, once brought back to its former glory, would easily contain up to 18 single (1 bed/1bath) units or could be configured in multiple, varying design units. Located a few blocks away from downtown, local shopping and restaurants, this complex could be thriving once again! Call or message (580)704-7454 today to discuss the possibilities!

Property Facts

Price	£58,747	Building Class	C
Price Per Unit	£3,264	Lot Size	0.29 AC
Sale Type	Investment	Building Size	10,200 SF
Sale Conditions	Distress Sale	Average Occupancy	0%
No. Units	18	Number of Floors	2
Property Type	Residential	Year Built	1950
Property Subtype	Apartment Multifamily Dormitory	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low Rise

Price	£58,747
Price Per Unit	£3,264
Sale Type	Investment
Sale Conditions	Distress Sale
No. Units	18
Property Type	Residential
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Low Rise
Building Class	C
Lot Size	0.29 AC
Building Size	10,200 SF
Average Occupancy	0%
Number of Floors	2
Year Built	1950
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.