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Kathryn French

kfrench@kw.com +1(918) 720-5663

$ 300,000

Est. payment | -/mo

3,364 SqFt

Save

$ 300,000

Est. payment | -/mo

Save

3,364 SqFt

Key Details

Property Type Condo, Commercial

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,364 sqft

Price per Sqft $89

Subdivision Oak Cliff Acres

MLS Listing ID 2631219

HOA Y/N No

Total Fin. Sqft 3364

Year Built 1992

Annual Tax Amount $2,568

Tax Year 2025

Lot Size 0.655 Acres

Acres 0.655

Property Sub-Type Apartment

Property Description

If you are looking for an immediate income-generating property to add to your portfolio, this small apartment complex is a must-see. The property features a highly marketable mix of five total units, consisting of four spacious 2-bedroom, 1-bathroom apartments and one efficient, easy-to-maintain efficiency unit. Location is everything with this investment. The complex is situated in a highly popular, fast-growing area and sits just minutes from Fort Gibson Lake. This prime location makes it incredibly attractive to local renters who want easy access to the water and outdoor recreation, ensuring historically low vacancy rates. The best part about this property is that the heavy lifting is already done. It is being sold 100% fully occupied, allowing you to collect rental income on day one without dealing with immediate vacancy or leasing hassles. The four larger 2-bedroom units currently command $775 per month each, while the efficiency unit brings in a steady $575 per month. Together, the building generates a total monthly income of $3,675, translating to a solid gross annual income of $44,100.Wagoner is seeing steady rental demand, and small complexes like this near the lake are rarely available. Whether you are looking for a hands-off addition to an existing portfolio or a manageable property to start your investing journey, this building offers reliable, immediate cash flow with low overhead. Serious inquiries only. Do not disturb tenants. Financials and lease agreements can be provided upon request during the due diligence period. Buyer to verify all square footage, zoning, and utility configurations. Seller to close with T-Town Title. Listing agent has ownership interest in T-Town Title. Public is able to choose their own title company.

Location

State OK

County Wagoner

Body of Water Fort Gibson Lake

Interior

Interior Features Cable TV, Ceiling Fan(s)

Heating Gas, Multiple Heating Units

Cooling Central Air, 3+ Units

Flooring Carpet, Laminate, Vinyl

Fireplace No

Heat Source Gas, Multiple Heating Units

Exterior

Exterior Feature Lighting, Storage

Parking Features Covered, Carport, Parking Space(s)

Fence Chain Link, Partial

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Water Available

Waterfront Description Other

Water Access Desc Rural

Roof Type Composition

Building

Building Description Frame, Dumpster

Story 2

Entry Level Two

Foundation Slab

Lot Size Range 0.655

Sewer Septic Tank

Water Rural

Level or Stories Two

Structure Type Frame

Schools

School District Wagoner - Sch Dist (31)

Others

Tax ID 730017726

Listed by Keller Williams Advantage

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(918) 720-5663

kfrench@kw.com

34251 E 700 RD Wagoner, OK 74467

Kathryn French

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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34251 E 700 RD