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101-105 E 32nd Ave

3 Unit Apartment Building $1,300,920 CAD ($433,640 CAD/Unit) 8.23% Cap Rate Stillwater, OK 74074

Investment Highlights

  • 100% Occupied
  • Open Floor Plans
  • Ideal Location
  • Cash Flowing
  • Developmental Property

Executive Summary

101 E 32nd St, a unique property in Stillwater, Oklahoma, offering
an exceptional investment opportunity. This property features three
5-bedroom houses, each designed with roommates/families in mind.
Each house has open common areas and large backyards. This
property includes a large section of land behind the houses, perfect
for future development. All properties are currently leased and
generating income. This property provides a rural feel, just 5 minutes from downtown Stillwater and only 8 minutes from
Oklahoma State University (OSU) campus. This prime location
makes it a sought-after rental for students. Financials and rent roll
available upon request.

Property Facts

Price $1,300,920 CAD
Price Per Unit $433,640 CAD
Sale Type Investment
Cap Rate 8.23%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single Family Home
Building Class C
Lot Size 2.29 AC
Building Size 8,076 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 2002/2022
Parking Ratio 1.86/1,000 SF

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Tub/Shower

Site Amenities

  • Basketball Court

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
5+2.5 3 - 2,672 - 2,702

zoning

Zoning Code RSS
RSS
  • Listing ID: 32109958

  • Date on Market: 2024-06-12

  • Last Updated:

  • Address: 101-105 E 32nd Ave, Stillwater, OK 74074

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