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1205 S Main St
Altus, OK 73521

MOBILE HOME PARK · Multifamily Property For Sale · 7,000 SF

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
Apartment Style Garden
Building Class C
Lot Size 0.16 AC
Building Size 7,000 SF
Average Occupancy 100%
No. Stories 1
Year Built 1995
Parking Ratio 2.86/1,000 SF

ABOUT 1205 S MAIN ST , ALTUS, OK 73521

Great business/ investment opportunity - $33k current gross cash flow to owner from rents .. with potential to easily earn $60k to $70 per year in gross rents! Financial statements are available for 2018 & 2019 to qualified potential buyers. The property as developed is currently 100 % leased to long-term stable tenants including a Tax Company (Tax Masters) that has been located in the same location for over 20 years and currently has a 3 year lease in place.OFFICE HAS 1400 SQ FT with multiple offices (4-6 offices), lobby/reception area, kitchen, 2 bathrooms. Owner pays water and sewer for all tenants. One rental unit is completely furnished and includes bed, couch, chairs, tv's, refrigerator, stove, microwave, and laundry equipment. One apartment: 2 bedrooms/1 bath appx/laundry room/950 square feet. One mobile home: 3 bedrooms OR 4 bedrooms/2 bath/add on could be a 4th bedroom or 2nd living area/1950 square feet. All 3 rental units 100% occupied for the past 24 months.

ZONING

Zoning Code Commercial
  • Listing ID: 17756997

  • Date on Market: 11/18/2019

  • Last Updated:

  • Address: 1205 S Main St, Altus, OK 73521