2900 W 520 Road, Pryor, Oklahoma, 74361
$3,200,000
Condo/ Townhome/ Apartment
19,376 Sqft
Active
Prime Duplex Portfolio in Mayes County: Explore an exceptional investment opportunity beyond traditional stocks & bonds w/this meticulously crafted portfolio of 8 duplexes nestled on 4.6 acres M/L. Offering a total of 16 income-generating units, this property presents a diverse range of revenue streams in a thriving economic & recreational hub. Property Highlights: 8 duplexes, each housing 2 units, providing a total of 16 rental opportunities. 15 units currently rented out at competitive rates ranging from $1300 to $1400 per month for each side. 1 duplex utilized as a VRBO, generating an average income of $25,000 annually. Additional space available for the construction of 5 to 7 more duplexes w/city utilities added. These exceptionally built 3-bedroom, 2-full bath units with 1-car garages, features high-quality materials including granite counters, custom cabinets, & polished concrete floors with full brick exteriors. Each unit equipped with individual electric & water meter. LOCATION ADVANTAGE: Adjacent to a picturesque walking trail & close to the emerging new district, enhancing the property's appeal to both residents & visitors. Strategically situated in proximity to the Mayes County Industrial Park (MAIP), spanning 9000+ acres & ranked as the 8th largest industrial park globally. Continuous demand for housing due to the presence of MAIP ensures a steady influx of potential tenants. Convenient access to recreational amenities including Lake Hudson, boasting a shoreline of 200+ miles. Within easy reach of major cities, with Tulsa just a 30-minute drive away & Arkansas accessible within 45 minutes. 45 minutes from the purposed new American Heartland Theme Park & Resort in Vinita OK. INVESTMENT POTENTIAL: Diversify your investment portfolio w/tangible real estate assets offering stable cash flow & long-term appreciation potential. Capitalize on the high demand for housing in the area & the scarcity of quality rental properties to maximize returns on investment.
Rooms Total : 112
Utilities : CableAvailable,ElectricityAvailable,WaterAvailable
Water Source : Public
Sewer System : AerobicSeptic
Electric : Item220Volts
Community Features : Sidewalks
Parking Features : Lighting,SatelliteDish
Garage : Yes.
Garage Spaces: 1
Security Features : SmokeDetectors
Exterior Features : Lighting,SatelliteDish
Roof : Composition
Waterfront Features : BoatRampLiftAccess
Property Sub-Type Additional : Apartment
Zoning Description : Res-Nec
Heating : Yes.
Heating : Central,Electric,HeatPump
Cooling : Yes.
Cooling : CentralAir
Construction Materials : Brick
Foundation Details: Slab
Interior Features : HighCeilings,InternalExpansion,Other,CableTV,CeilingFans,ProgrammableThermostat
Door Features : InsulatedDoors
Window Features : InsulatedWindows
Flooring : Carpet,Concrete
Green Energy Efficient : Doors,Insulation,Windows
Green Indoor Air Quality : Ventilation
Street Address: 2900 W 520 Road
City: Pryor
State: Oklahoma
Postal Code: 74361
County: Mayes
MLS Number: 2404994
Year Built: 2018
Courtesy of Lakeland Real Estate NEOK
Courtesy of Lakeland Real Estate NEOK
