The Meadows & Panther Field

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: Stigler, OK 74462, USA
Created date: April 28, 2024
Date last updated: July 10, 2024
  • Profitable Financial Metrics: Combined gross incomes of $405,600 annually with a potential for increased revenue streams from ancillary income opportunities like late fees and laundry.
  • Consistent Occupancy: Exceptionally low vacancy rate, ensuring a steady and consistent rental income.
  • Value Proposition: Priced at a 7.96% cap rate, offering substantial returns for long-term investors.
  • Community Amenities: Both complexes are within proximity to local attractions, shopping centers, schools, and recreational areas.
  • Future Growth Potential: Stigler's favorable real estate metrics and growth trajectory make it an ideal place for sustainable rental demand.
  • Seller Financing: Elevating the appeal of this investment is the seller's offer to finance up to 80% of the purchase price, presenting a distinct advantage for investors. Terms remain negotiable, offering flexibility to suit various financing needs.

Property Description

Listed at a competitive 7.96% cap rate and boasting gross scheduled incomes of $220,800 and $184,800 respectively, these complexes represent the epitome of a valuable real estate venture in Stigler. The recent modifications guarantee minimized operational hassles for years to come.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $2,350,000
No. of Units: 48
Average Occupancy: 8
Opportunity Zone: No
Price per unit: $48,958
Property Website Click Here
Address: 601 N J St, Stigler, OK 74462, USA
Provided by:

Similar Properties in the Area

417 Champion

Brownsville, Texas
Texas + Apartment Buildings
Price: $356,000

8 Country Club Rd.

Brownsville, Texas
Texas + Apartment Buildings
Price: $195,000

Aspen Village Apartments | 70 Units | 61% Occupied

Lubbock, Texas
Texas + Apartment Buildings
Units: 70
popup background image