Located at 1205 S Main Street in Altus, Oklahoma, this versatile investment property offers a compelling mix of residential income and owner-use commercial space. The site features two double-wide trailers, both fully leased to four tenants, generating a monthly rental income of $3,000. Each unit is well-maintained, contributing to long-term occupancy potential and reliable cash flow.
At the front of the property, a dedicated office space is available for free use by the owner, making it ideal for on-site management or a small business operation. This commercial area includes a welcoming lobby, a functional front desk, and three separate private offices, offering flexibility and privacy for various professional needs. The property also includes a free roadside billboard, offering excellent visibility and advertising potential along South Main Street.
Adding to its appeal, the property also includes an underground storm shelter, enhancing safety and peace of mind for both tenants and the owner. With its prime location on South Main Street and a blend of income-producing and operational features, this property is a strong candidate for investors seeking both utility and return.