Description
Positioned near downtown Durant and within easy reach of Lake Texoma and major regional growth corridors, this beautifully renovated FULL TRIPLEX (3 Units) - is being offered as part of a TURNKEY 12-UNIT MULTIFAMILY investment package that must be sold together with 3 other properties. The full offering includes one 2-UNIT DUPLEX, two 3-UNIT TRIPLEXES, and one 4-UNIT QUADPLEX which have a strong historical operating performance and stabilized income profile. *NOTE: The listing policy is to give information for 1 unit only, but keep in mind that 4 full buildings are being sold - for a tolal of 12 units. (Duplex - 2 units, Triplexes each have 3 units, and the quadplex has 4 units.) This triplex, along with the duplex and the other triplex, is located on E Florida St, while the fourplex is located at the top of the hill on E Holcomb Ave. All triplex units feature 2 bedrooms, 1 bathroom, a full kitchen, and living area, with approximately 851 SF - (CH). Duplex units are approximately 728 SF - (CH), and Quad units are appproximately 875 SF - (CH) Formerly operated as a single multifamily portfolio, the properties have since been legally replatted into four individual parcels, each recognized by Bryan County, and are being marketed as a single investment offering. The properties were renovated over the course of three years. Rents were recently increased with no tenant loss, reflecting strong local demand. All units are currently occupied with a strong historical occupancy rate (approixmately 96%). Units were inspected in November and December with any repairs addressed at that time. This triplex is situated on approximtely 1.5 acres, offering residential-scale density with efficient operations. The package offers stable income, strong cash flow, and an attradtive cap rate, making it well-suited for investors seeking a consolidated, turnkey multifamily portfolio. Don't just watch the growthy - be a part of it.
Details
| MLS # | 2602038 |
|---|---|
| Listing Type | For Sale |
| Style | Triplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 244 |
| Listing Provided By | Office Staging Realty | Carol Layman |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 851 |
| Story(s) | 1 |
| Acreage | 1.50 |
Exterior
| Lot Features | Corner Lot, Wooded |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1198 |
|---|
Area Information
| State | OK |
|---|---|
| County | Bryan |
| City | Durant |
| Zip Code | 74701 |
| Community Name | Hillcrest |
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Learn More About This Property
| State | OK |
|---|---|
| County | Bryan |
| City | Durant |
| Zip Code | 74701 |
| Community Name | Hillcrest |
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