Ask Michael Daniels
Multi Rental Investment Fixer-upper In Valliant, McCurtain County, OK 2.00 AC
Description
CALL Michael Daniels Broker/Developer @ (580) 317-3412 or (580) 326-8867
Incredibly positioned freestanding Multi-Unit rental income with potentially over 10,000 sq. ft. rental space is ready for the savvy investor to complete the project. This two-level framed shell condition with us to 14 potential rental units, 3 established RV hook-ups, a convenience or bait shop and an additional 2 bedroom 1 bath home next to the multi-unit property is just waiting for the right investor to complete. Located on North Dalton Avenue or 4490 road and close to Old 98 Road and Prine Creek Road in Valliant OK this great semi-rural multi-unit rental apartment complex which is just what the city of Valliant is in critical need of. Incredibly positioned with unmissable visibility looped off of a major thoroughfare ensuring excellent transit access and daily traffic. Diversify your business portfolio with this dynamic opportunity, acquiring this mult-unit project by producing passive income in a prime developing area. Currently the property in its incompleted stage is grossing a total of 1700 a month with a 7% cap rate which definitely could project higher residual income. Features ample parking with small storage space and retail storefront available if desired to expand your customer base. If you're a property rehabber looking for an awesome deal with a wide diversified potential profit margin investment to fix up for profit, you're going to want to take a look at this property. Just a few miles from International Paper Company which is one of the largest pulp & paper company in the world employing approximately 620 production, support, contract & maintenance employees, the largest employer in Southeastern Oklahoma easing your mind and indicating this could make a high yield investment once completed. If you are not interested in a multi-unit long-term rental investment, perhaps you might consider making this a multi-unit airbnb with Pine Creek Lake just 8 miles down the road you can enjoy year-round recreational hunting of Whitetail deer, Eastern wild Turkey or freshwater fishing of Channel Catfish, Flathead Catfish, Largemouth Bass, crappie, Bluegill and White Bass which is a popular game fish. If flyfishing is your passion you wil find this available at Mountain Fork River only 30 minute drive away via HWY 98 to HWY 3 and 259. The possibilities with this project opens the potential for such a diversified oppotunity. Luxury Hochatown Resort and Recreation is only 30 minutes away to Broken Bow Lake expanding the opportunities even more. 2 1/2 hr from Dallas TX, 3hr to OKC. It's all about Visibility, location and Potential!
CALL Michael Daniels Broker/Developer for more informtion @ (580) 317-3412 or (580) 326-8867
