216 W Mccurtain,Calera, OK 74730
Calera, OK 74730
Description
The Retreat at Calera is a newly built, fully stabilized 55+ community offering 7,453 sq ft across nine modern units designed for low-maintenance living and long-term retention. Located just minutes from Choctaw Casino and major highways, this boutique property delivers consistent demand and exceptional tenant stability. Each unit includes in-unit laundry, private parking, high-speed internet, and energy-efficient construction, while the on-site clubhouse enhances resident satisfaction and supports the community’s strong occupancy performance. With a currently discounted annual NOI of $104,508 and a list price of $1,500,000, this asset offers an impressive 7% cap ratean unheard of value for brand-new construction in a high-growth corridor. Investors benefit from a simplified operating structure with tenant-paid electric and ownership covering internet, water/sewer/trash, and landscaping, resulting in predictable expenses and reliable cash flow. Age-restricted housing continues to outperform in retention and demand, making this turnkey nine-unit community an exceptional opportunity for buyers seeking stability, modern construction, and long-term performance in a supply-constrained market. Ready to invest?!
Details
| MLS # | 2602259 |
|---|---|
| Listing Type | For Sale |
| Style | Apartment |
| Sub-Type | Resale |
| Status | Active |
| Year | 2025 |
| Days On Site | 79 |
| Listing Provided By | Office Staging Realty | Heather Howell |
Features
| SQ Feet | 7,453 |
|---|---|
| Zoning | Urban res |
| Acreage | 0.26 |
Taxes
| Tax Annual Amount | 129 |
|---|
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | OK |
|---|---|
| County | Bryan |
| City | Calera |
| Zip Code | 74730 |
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Learn More About This Property
| State | OK |
|---|---|
| County | Bryan |
| City | Calera |
| Zip Code | 74730 |