314 E Ash St - Apartments FOR SALE


Skiatook, OK 74070
$650,000 USD
918-850-2289
314 E Ash St, Skiatook, OK for Sale
$650,000 USD
Apartments - FOR SALE
1/9
null | 7% Cap Rate

314 E Ash St
Skiatook, OK 74070


HIGHLIGHTS

  • Value-Add
  • Additional land available for potentially a third quad
  • Residential Home included in sales price

OVERVIEW

Two Quadplex buildings WITH a house for one price! Excellent investment opportunity in Skiatook, OK, just minutes from downtown Tulsa and Skiatook Lake. The 8 apartment units are all 2 bedroom 1 bath units that are under market rate, while the house is a 3 bedroom 1.5 bath with a long-term tenant that has been there for close to a decade. One could flip the house for a profit and be into the 8 units for less, creating even more additional cash flow. So many options available to a prospective buyer! Lastly, there's more land on the south side of the two quads to potentially build a third if one desired.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$82 USD /SF

# OF UNITS

9

PRICE/UNIT

$72,222

CAP RATE

7%

% LEASED

89%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

RS2

APN/PARCEL ID

63475-22-26-04090

ASK ABOUT THIS PROPERTY

Jonathan GobboKeller Williams Realty PreferredMore Info
918-850-2289

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Jonathan GobboKeller Williams Realty PreferredMore Info
918-850-2289

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