This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
218 E Central Ave
Miami, OK 74354
218 Apartments · Multifamily Property For Sale · 20 Units
Investment Highlights
- Great location! Near downtown and college.
- Cash-flowing as-is.
- Long-term occupancy of over 93%
- First-floor commercial space offers huge value add opportunity.
PROPERTY FACTS
| No. Units | 20 | Building Size | 19,437 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built/Renovated | 1935/2018 |
| Building Class | C | Parking Ratio | 1.54/1,000 SF |
| Lot Size | 0.36 AC |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 19,437 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1935/2018 |
| Parking Ratio | 1.54/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Storage Space
- Heating
- High Speed Internet Access
- Office
About 218 E Central Ave , Miami, OK 74354
Prime investment opportunity. Building consists of sixteen completely remodeled, fully rented, and cash-flowing apartments with long-term occupancy rate of over 93%. Building also features four large first-floor retail/office units that total over 7700 sqft. These four units offer a major opportunity for quick forced appreciation as they are currently being occupied by the seller's business and are not contributing toward income. Being less than one block away from the courthouse and a short walk from the college, it is a popular location for both residential and commercial space.The first floor of the building also offers a garage and a large warehouse. Financials available to prospective buyers.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | $665.00 | - |
| Studios | 7 | $565.00 | - |
PROPERTY TAXES
| Parcel Number | 3520-00-097-009-0-000-00 | Improvements Assessment | $72,590 |
| Land Assessment | $371 | Total Assessment | $72,961 |
PROPERTY TAXES
zoning
| Zoning Code | commercial (office/retail/multi family) |
| commercial (office/retail/multi family) |
Learn More About Investing in Apartment Buildings
