1401 SW E Ave, Lawton, OK 73501
1401 SW E Ave, Lawton, OK 73501
1401 SW E Ave, Lawton, OK 73501
1401 SW E Ave, Lawton, OK 73501
1401 SW E Ave, Lawton, OK 73501
1401 SW E Ave, Lawton, OK 73501
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$ 699,900
Est. payment | /mo

16 Beds

16 Baths

8,640 SqFt


Save
$ 699,900
Est. payment | /mo
Save

16 Beds

16 Baths

8,640 SqFt

Key Details

Property Type Apartment

Sub Type Apartment Building

Listing Status Active

Purchase Type For Sale

Square Footage 8,640 sqft

Price per Sqft $81

MLS Listing ID 171560

Bedrooms 16

Full Baths 16

Year Built 1983

Annual Tax Amount $6,716

Lot Size 0.720 Acres

Property Sub-Type Apartment Building

Property Description

Don't miss this excellent opportunity to own The Park Apartments, a 16 unit multifamily property offering immediate income potential. With 14 of the 16 units currently occupied, this property provides established cash flow with additional upside through the remaining vacancies. Many updates have already been completed throughout the property, making it an attractive investment for those looking to expand or begin a multifamily portfolio. Rent rolls are available for buyer review, and the occupied units currently generate monthly rents starting at $650 or more, offering a solid foundation for future income. As an added benefit, the seller is offering a $10,000 maintenance and upgrade allowance with an acceptable full-price offer, providing the opportunity to make additional improvements or enhancements. Whether you're a seasoned investor or looking to purchase your first multifamily property. The Park Apartments offers income-producing potential in one investment. For more information or to schedule a private showing, contact: Lauren Brown, REALTOR Century 21 First Choice Realty 501-691-4071 Buyer to verify all information, including rents, lease terms, square footage, occupancy, and financial information during the due diligence period.

Location

State OK

County Comanche

Area Lloyd

Interior

Interior Features Ceiling Fan(s)

Heating Electric, Zoned/Wall Unit

Cooling Electric, Zoned/Wall Unit

Flooring Vinyl

Fireplace No

Appliance Range/Oven, Refrigerator, Electric

Laundry None

Exterior

Roof Type Composition

Building

Lot Description Landscaped

Foundation Slab

Sewer Public Sewer

New Construction No

Schools

Elementary Schools Lincoln

Middle Schools Central

High Schools Lawton

School District Lawton

Others

Senior Community No

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed byCentury 21 First Choice Realty

Nearby Locations

Real Estate Experts LLC

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+1(580) 248-2600

realestateexperts@realestateexpertsllc.com

22 SW D, Ste 1, Lawton 73501, United States

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1401 SW E Ave