$165.15 Per Sq Foot $19,186 est/mo Sourced by Back At You

2900 W 520 Road,Pryor, OK 74361

Pryor OK, 74361

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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.

Details

MLS#2404994
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year2018
Days On Site106
Listing Provided ByLakeland Real Estate NEOK | Kimm Kennon

Features

SQ Feet19,376
Garage1
Story(s)1
ZoningRes-Nec
Acreage4.61
Water FrontYes

Market Activity 74361

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Greater Tulsa Association of REALTORS® MLS.

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Learn More About This Property

StateOK
CountyMayes
CityPryor
Zip Code74361
Community NameMayes Co Unplatted
Listing VS Median (in Mayes Co Unplatted)
Price:
$3,200,000
low | high
Med:
$361,500
100% of Average
SqFt:
19,376
low | high
Med:
2,090
100% of Average
$ / SqFt:
$165
low | high
Med:
$173
45.070561203532% of Average
On Site:
106
low | high
Med:
55
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 12:07:27 AM PDT
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