$300,000

1205 S Main St

Altus OK, 73521

Description

Great business/ investment opportunity - $33k current gross cash flow to owner from rents .. with potential to easily earn $60k to $70 per year in gross rents! Financial statements are available for 2018 & 2019 to qualified potential buyers. The property as developed is currently 100 % leased to long-term stable tenants including a Tax Company (Tax Masters) that has been located in the same location for over 20 years and currently has a 3 year lease in place.OFFICE HAS 1400 SQ FT with multiple offices (4-6 offices), lobby/reception area, kitchen, 2 bathrooms. Owner pays water and sewer for all tenants. One rental unit is completely furnished and includes bed, couch, chairs, tvs, refrigerator, stove, microwave, and laundry equipment. One apartment: 2 bedrooms/1 bath appx/laundry room/950 square feet. One mobile home: 3 bedrooms OR 4 bedrooms/2 bath/add on could be a 4th bedroom or 2nd living area/1950 square feet. All 3 rental units 100% occupied for the past 24 months.

Details

MLS#890268
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1998
Days On Site70

Features

SQ Feet3,276
Story(s)1
ZoningCommercial

Market Activity 73521

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Area Information

StateOK
CountyJackson
CityAltus
Zip Code73521
School DistrictJackson
Listing VS Median (in 73521)
Price:
$300,000
low | high
Med:
$242,500
69.166666666667% of Average
SqFt:
3,276
low | high
Med:
1,570
100% of Average
$ / SqFt:
$92
low | high
Med:
$37
100% of Average
On Site:
70
low | high
Med:
193
36.269430051813% of Average
Listing Updated: 01/21/2020
MLS Number: 890268
Listing Provided By:
Shoya Garrison  of  C-21 Altus Prestige Inc.
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