$1,750,000/mo

7295 E Us Highway 270, Alderson, OK 74501

  • 15,964 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 2007
  • Property Lot Size Icon2acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $110/sqft
  • Property List Date Icon Listed 4 months ago

Property 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.

Listing Status:
Active
Date Added:
April 15, 2025 at 05:00AM
Listing Office:
Keller Williams SEOK : (918) 302-9331
Listing Agent:
Kevin Beaty : (918) 916-5067
MLS ID:
2516018
  • General: High Speed InternetCable TV
  • A/C: Central Air
  • Heating: CentralElectric

This listing courtesy of Kevin Beaty, Keller Williams SEOK

Location

Schools Nearby

H

Haileyville Elementary School

3rd & Riley Street, Haileyville, OK, 74546

Grades PK-8

6.09 miles away

H

Haileyville Elementary School

3rd & Riley Street, Haileyville, OK, 74546

Grades PK-8

6.09 miles away

H

Haileyville High School

3rd & Riley Street, Haileyville, OK, 74546

Grades 9-12

6.11 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.