2900 W 520 Road $2,900,000

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    2900 W 520 Road Pryor, OK 74361

    • 19,376 sq. ft.
    • 4.61 Acres
    • Commercial
    • MLS# 2443767
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    Property Details

    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.

    • General Features
      • Community Features Sidewalks
      • Security Features Smoke Detector(s)
      • Tax Annual Amount $22,315
      • Year Built 2018
    • Building Features
      • Construction Materials Brick
      • Cooling Central Air
      • Door Features Insulated Doors
      • Flooring Carpet, Concrete
      • Foundation Details Slab
      • Green Energy Efficient Doors, Insulation, Windows
      • Heating Central, Electric, Heat Pump
      • Interior Features High Ceilings, Internal Expansion, Other, Cable TV, Ceiling Fan(s), Programmable Thermostat
      • Levels One
      • Roof Composition
      • Window Features Insulated Windows
    • Property Features
      • Exterior Features Lighting, Satellite Dish
      • Fencing None
      • Parking Features Garage, One Car Garage, Paved, Two or More Spaces
      • Sewer Aerobic Septic
      • Subdivision Name Mayes Co Unplatted
      • Utilities Cable Available, Electricity Available, Water Available
      • Waterfront Features Boat Ramp/Lift Access
    • Schools
      • School District Pryor - Sch Dist (M1)

    Contact

    Jill Francis

    Associate

    OKLAHOMA

    RE/MAX Double Diamond

    Direct: 918-650-8181

    Neighborhood

    Neighborhood Details available exclusively for My Property Finder members

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $2,900,000
    12/12/2024 2:10:00 PM New in Database Source: Multiple Listing Service New Value: $2,900,000

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    Information is provided in part by the Tulsa Area Multiple Listing Service of the Northeast Oklahoma Real Estate Services (NORES). Copyright 2024. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified. NORES MLS Internet Data Exchange (IDX) information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.