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.
Listed By
Agency Name: Impact Realty, LLC.
Shown By
Agency Title: Chinowth & Cohen
Agency Phone: (918) 296-7950
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1713 College Lane | MLS# 2628118
This commercial property located at 1713 College Lane, Okmulgee, OK 74447 is currently listed for sale with an asking price of $575,000. College Lane is located within the Okmulgee - Sch Dist school district. Search Okmulgee real estate on www.ccoklahoma.com today.