1713 College Lane
About this property
Incredible investment opportunity with massive upside and immediate cash flow! This property is located directly across the street from OSU Okmulgee, in the heart of Creek Nation. Situated on a spacious 1.5-acre lot with 314 feet of frontage, this prime property features two 30x150’ storage buildings totaling 72 units, currently generating $3,800/mo. Massive value-add potential exists immediately by turning over 4 vacant units and bringing below-market rents up to market rate, pushing storage potential to $5,000/mo. Additionally, the main commercial building brings in $1,500/mo from a hair salon and office space, and boasts a brand-new roof with a 5-year warranty. An attached warehouse space can be leased for an extra $500/mo. Generating $63,600/year as-is, this asset offers a clear path to optimization and enough acreage to double the storage capacity easily.
About this property
Incredible investment opportunity with massive upside and immediate cash flow! This property is located directly across the street from OSU Okmulgee, in the heart of Creek Nation. Situated on a spacious 1.5-acre lot with 314 feet of frontage, this prime property features two 30x150’ storage buildings totaling 72 units, currently generating $3,800/mo. Massive value-add potential exists immediately by turning over 4 vacant units and bringing below-market rents up to market rate, pushing storage potential to $5,000/mo. Additionally, the main commercial building brings in $1,500/mo from a hair salon and office space, and boasts a brand-new roof with a 5-year warranty. An attached warehouse space can be leased for an extra $500/mo. Generating $63,600/year as-is, this asset offers a clear path to optimization and enough acreage to double the storage capacity easily.
Features and Additional Information
Presented By Tulsa-OKC Select Relocation Director
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Brokerage: Impact Realty, LLC.