Lake Homes Realty
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2900 w 520 road

Pryor, OK 74361

$2,900,000

19,376 SQFT4.61 AC LOT
CommercialSale - Apartment
New Listing
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Square Feet 19376
Acreage 4.61
Status Active
MLS # 2443767
County Mayes
More Info
Category CommercialSale - Apartment
Status Active
Square Feet 19376
Acreage 4.61
MLS # 2443767
County Mayes
Prime Duplex Portfolio in Mayes County: Explore an exceptional investment opportunity beyond traditional stocks & bonds w/this meticulously crafted portfolio of 8 duplexes nestled on 4.6 acres M/L. Offering a total of 16 income-generating units, this property presents a diverse range of revenue streams in a thriving economic & recreational hub. Property Highlights: 8 duplexes, each housing 2 units, providing a total of 16 rental opportunities. 15 units currently rented out at competitive rates ranging from $1300 to $1400 per month for each side. 1 duplex utilized as a VRBO, generating an average income of $25,000 annually. Additional space available for the construction of 5 to 7 more duplexes w/city utilities added. These exceptionally built 3-bedroom, 2-full bath units with 1-car garages, features high-quality materials including granite counters, custom cabinets, & polished concrete floors with full brick exteriors. Each unit equipped with individual electric & water meter. LOCATION ADVANTAGE: Adjacent to a picturesque walking trail & close to the emerging new district, enhancing the property's appeal to both residents & visitors. Strategically situated in proximity to the Mayes County Industrial Park (MAIP), spanning 9000+ acres & ranked as the 8th largest industrial park globally. Continuous demand for housing due to the presence of MAIP ensures a steady influx of potential tenants. Convenient access to recreational amenities including Lake Hudson, boasting a shoreline of 200+ miles. Within easy reach of major cities, with Tulsa just a 30-minute drive away & Arkansas accessible within 45 minutes. 45 minutes from the purposed new American Heartland Theme Park & Resort in Vinita OK. INVESTMENT POTENTIAL: Diversify your investment portfolio w/tangible real estate assets offering stable cash flow & long-term appreciation potential. Capitalize on the high demand for housing in the area & the scarcity of quality rental properties to maximize returns on investment.
Location not available

Exterior Features

  • Construction Single Family
  • Siding Brick
  • Exterior Lighting, SatelliteDish
  • Roof Composition
  • Garage Yes
  • Garage Description 1
  • Water Public
  • Sewer AerobicSeptic

Interior Features

  • Heating Central, Electric, HeatPump
  • Cooling CentralAir
  • Living Area 19,376 SQFT
  • Year Built 2018

Neighborhood & Schools

  • Subdivision Mayes Co Unplatted

Financial Information

  • Parcel ID 0000 29 21N 19E 3 013 00

Additional Services

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Listing Information

Listing Provided Courtesy of Lakeland Real Estate NEOK
Listing Agent Kimm Kennon
Tulsa, OK MLS.
Listing data is current as of 12/22/2024.

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