$3,200,000
4.61± Acres
Active
Mayes County, OK

2900 520, Pryor, Oklahoma

MLS ID: 2404994
Status: Active
Price: $3,200,000
Acres: 4.61±
Type: Apartment, Commercial
Address: 2900 520
City, State: Pryor, OK
County: Mayes County
ZIP Code: 74361
Parcel Number: 0000 29 21 N 19 E 3 013 00
SqFt: 19,376
Year Built: 2018

Description

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.

Directions: From Hwy 69 A and Hwy 69 go east on Hwy 69 A Approx. 1.5 miles Turn North, (left) on Elliott St or S430 Rd, go North 1 mile, Duplexes will be on the Right.

Additional Information

Interior

Building Area Total: 19,376
Cooling (Yes/no): Yes
Cooling: Central Air
Flooring: Carpet, Concrete
Garage (Yes/no): Yes
Garage Spaces: 1
Heating (Yes/no): Yes
Heating: Central, Electric, Heat Pump
Interior Features: High Ceilings, Internal Expansion, Other, Cable TV, Ceiling Fans, Programmable Thermostat
Living Area Source: Public Records
Rooms Total: 112

Exterior

Electric: Item220 Volts
Exterior Features: Lighting, Satellite Dish
Foundation Details: Slab
Frontage Length: 320
Lot Size Area: 5
Lot Size Square Feet: 200,811
Parking Features: Garage, One Car Garage, Paved, Twoor More Spaces
Roof: Composition
Stories: 1
Water Body Name: Hudson Lake
Water Source: Public
Waterfront Features: Boat Ramp Lift Access
Window Features: Insulated Windows

Financial/HOA/Schools

Days On Market: 9
Elementary School District: Pryor - Sch Dist (M1)
Middle School District: Pryor - Sch Dist (M1)
High School District: Pryor - Sch Dist (M1)
Subdivision Name: Mayes Co Unplatted
Tax Annual Amount: 22315
Zoning Description: Res-Nec

Extra Information

Documents Available: Aerial, Building Plans, Legal Description, Plat
Green Energy Efficient: Doors, Insulation, Windows
Green Indoor Air Quality: Ventilation
Greg Ganzkow

Greg Ganzkow

Pawhuska, Oklahoma

(918) 381-5656

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Listed By: Kimm Kennon of Lakeland Real Estate Neok