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Georgia Apartments 100 Georgia Pl

11 Unit Apartment Building $495,000 ($45,000/Unit) Poteau, OK 74953

Investment Highlights

  • 11-unit multifamily property
  • Energy efficiency and low maintenance
  • 4 one-bedroom, one-bath units (renting at $500/month) and 7 two-bedroom, one-bath units (renting at $570/month)

Executive Summary

Investor's Dream in Poteau, OK! Welcome to 100 Georgia Place, an 11-unit multifamily property. This property includes 4 one-bedroom, one-bath units (renting at $500/month) and 7 two-bedroom, one-bath units (renting at $570/month). Spanning 7,300 sq ft, the cinder block building is topped with a metal roof, ensuring energy efficiency and low maintenance. With utilities covered by the owner, this is an attractive option for tenants, offering steady rental income for investors. Don't miss out on this excellent investment opportunity!

Property Facts Under Contract

Price $495,000
Price Per Unit $45,000
Sale Type Investment
Sale Conditions Bulk/Portfolio Sale
No. Units 11
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.57 AC
Building Size 7,200 SF
No. Stories 1
Year Built 1973
Parking Ratio 1.18/1,000 SF

Unit Amenities

  • Air Conditioning
  • Kitchen

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $500.00 600
2+1 7 $570.00 700

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
Q530-00-000-000-0-129-00
Land Assessment
$3,762
Improvements Assessment
$10,495
Total Assessment
$14,257

zoning

Zoning Code C1 (Neighborhood Commercial)
C1 (Neighborhood Commercial)
  • Listing ID: 33325276

  • Date on Market: 9/27/2024

  • Last Updated:

  • Address: 100 Georgia Pl, Poteau, OK 74953

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