11514-11529 Cottage Ln - Apartments FOR SALE


Jones, OK 73049
$2,800,000 USD
405-203-8796
11514-11529 Cottage Ln, Jones, OK for Sale
$2,800,000 USD
Apartments - FOR SALE
1/47
null | 6.8% Cap Rate

11514-11529 Cottage Ln
Jones, OK 73049


HIGHLIGHTS

  • Secure gated community designed for residents aged 50 and older.
  • 5-acre property featuring 14 contemporary rental duplex units.
  • Fully completed in 2022 with modern electric systems and included kitchen appliances.
  • Attractive rural setting balanced with nearby town amenities and services.
  • Lawn maintenance services provided to tenants to ensure low upkeep living.
  • Playground and common areas for tenants.

OVERVIEW

Jones West, a fully developed retirement community, offers investors a turnkey opportunity on a 5-acre parcel in Jones, Oklahoma. Completed in August 2022, this 14-unit property provides consistent rental income in a growing market segment focused on active adults aged 50 and older.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$182 USD /SF

# OF UNITS

14

PRICE/UNIT

$200,000

CAP RATE

6.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jones West

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

Comm

APN/PARCEL ID

198853847

ASK ABOUT THIS PROPERTY

Scott BeachWhittington RealtyMore Info
405-203-8796

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Scott BeachWhittington RealtyMore Info
405-203-8796

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.