2320 S Main St - Apartments FOR SALE


Grove, OK 74344
$469,900 USD
918-244-9706
2320 S Main St, Grove, OK for Sale
$469,900 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

2320 S Main St
Grove, OK 74344


HIGHLIGHTS

  • Walking distance to Grand Lake.
  • Huge forced appreciation potential.
  • High Traffic area. Just off Hwy 59 (Main St) with Honeycreek Bridge visible.

OVERVIEW

12 unit RV Park (18 hookups) and 4 Apts! Income producing investment just a city stroll from the marina and Grand Lake. A one of a kind 4plex features two studio apts and two spacious 1 bedroom apts, all with impressive rents and rental history. Not to be outdone is the RV park on same parcel that has 12 spaces and 18+ hookups (expansion potential) all on city utilities including sewer. Electric is 30 and 50 amp and they all also have cable connections. Property is currently grossing nearly $9000 per month and has serious forced appreciation potential. See attached analysis.

FOR SALE DETAILS

PRICE

$469,900 USD

PRICE/SF

$29 USD /SF

# OF UNITS

16

PRICE/UNIT

$29,369

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

-

APN/PARCEL ID

0036797

ASK ABOUT THIS PROPERTY

Kevin AbbottKeller Williams Realty PremierMore Info
918-244-9706

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Kevin AbbottKeller Williams Realty PremierMore Info
918-244-9706

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.