Excellent investment opportunity in Ardmore! This fully occupied 6-unit multi-family property offers approximately 5,400 SF of rentable space with an 8.5% cap rate. Tenants pay electric; owner pays water and trash. Low expenses with strong cash flow and stable tenant base. Conveniently located near downtown Ardmore with easy access to amenities. Onsite parking lot included. Full value-add potential allows for future rent growth and increased returns. A great starter investment with upside.
Property Features
Utilities
Cable Available
Electricity Available
Water Available
Heating Information
Central
Electric
House Interior
High Speed Internet
Ceiling Fan(s)
Cooling Information
Central Air
Water Features
Public
Listing Courtesy: Paragon Oklahoma - 903-893-8174
Presented by: Megan Towery
Listings courtesy of the Northeast Oklahoma Real Estate Systems. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers
may be interested in purchasing. The data is deemed reliable but is not guaranteed
accurate by the Northeast Oklahoma Real Estate Systems.
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Northeast Oklahoma Real Estate Systems / Greater Tulsa AOR.