701 W Pine Ave - Apartments FOR SALE


Duncan, OK 73533
$1,248,000 USD
702-764-1082
701 W Pine Ave, Duncan, OK for Sale
$1,248,000 USD
Apartments - FOR SALE
1/20
null | 11% Cap Rate

701 W Pine Ave
Duncan, OK 73533


OVERVIEW

Laundry room facilities on property, plenty of parking for tenants and visitors, and a large outdoor area. It needs work to refurbish it. This is a great opportunity for investors. Currently leasing to tenants. Apartment rent is as follows: -$500 for a 1 bedroom apartments, -$550 for 2 bedroom apartments. *Seller financing with 40% down. *3% Broker Co-Op *$39,000 per unit OBO *Potential Cap Rate 11% *Build instant equity. SALE PRICE IS NEGOTIABLE!

FOR SALE DETAILS

PRICE

$1,248,000 USD

PRICE/SF

$44 USD /SF

# OF UNITS

32

PRICE/UNIT

$39,000

CAP RATE

11%

% LEASED

9%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pine Maple Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.62 AC

LAND SF

114,127 SF

ZONING

R1

APN/PARCEL ID

1001-00-085-001-0-000-00

ASK ABOUT THIS PROPERTY

John RayDULZURA INCMore Info
702-764-1082

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John RayDULZURA INCMore Info
702-764-1082

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