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7295 E HWY 270

14 Unit Block of Flats £1,369,288 (£97,806/Unit) 7.80% Net Initial Yield Mcalester, OK 74501

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 £1,369,288
Price Per Unit £97,806
Sale Type Investment
Net Initial Yield 7.80%
No. Units 14
Property Type Residential
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 2.00 AC
Building Size 17,236 SF
Average Occupancy 100%
Number of Floors 2
Year Built 2018

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 - -
  • Listing ID: 33837495

  • Date on Market: 12/11/2024

  • Last Updated:

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

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