200 Folsom St | Poteau, OK 74953
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200 Folsom St
Poteau, OK 74953
Multifamily Property For Sale · 24 Units
Investment Highlights
- 24 spacious two-bedroom, one-bath apartments, each with 810 sq ft of living space
- Long-term growth and profitability.
- Steady cash flow per month of $625
Executive Summary
Investment Opportunity – 200 Folsom St, Poteau, OK Explore this excellent investment opportunity in Poteau! This two-story multifamily property offers 24 spacious two-bedroom, one-bath apartments, each with 810 sq ft of living space. Currently rented at $625 per month, this property provides a steady cash flow. All 24 apartments include washer & dryer hook ups. The tenants will be responsible for electric and water bills, while all other expenses are covered within the rent, simplifying management. With a total of 19,440 sq ft, this well-maintained complex is designed for low upkeep and high returns. Whether you're a seasoned investor or looking to start, this property is ideal for long-term growth and profitability. Don’t miss out on this chance to expand your portfolio!
PROPERTY FACTS Under Contract
| Price Per Unit | $54,125 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.29 AC |
| Sale Conditions | Bulk/Portfolio Sale | Building Size | 10,000 SF |
| No. Units | 24 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1995/1998 |
| Property Subtype | Apartment | Parking Ratio | 0.48/1,000 SF |
| Apartment Style | Low Rise |
| Price Per Unit | $54,125 |
| Sale Type | Investment |
| Sale Conditions | Bulk/Portfolio Sale |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.29 AC |
| Building Size | 10,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1995/1998 |
| Parking Ratio | 0.48/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 24 | $625.00 | 810 |
PROPERTY TAXES
| Parcel Number | Q001-00-051-000-0-003-00 | Improvements Assessment | $72,196 |
| Land Assessment | $6,600 | Total Assessment | $78,796 |
PROPERTY TAXES
Parcel Number
Q001-00-051-000-0-003-00
Land Assessment
$6,600
Improvements Assessment
$72,196
Total Assessment
$78,796
zoning
| Zoning Code | C1 (Urban Commercial) |
| C1 (Urban Commercial) |
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