2715 Chattanooga, Ardmore, OK 73401
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William Mahan

William Mahan

+1(405) 301-5560
$ 1,390,000
Est. payment | /mo

11,340 SqFt

Save
$ 1,390,000
Est. payment | /mo
Save

11,340 SqFt

Key Details

Property Type Condo, Commercial

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 11,340 sqft

Price per Sqft $122

Subdivision Champion Station Phase I

MLS Listing ID 2620779

HOA Y/N No

Total Fin. Sqft 11340

Year Built 1984

Annual Tax Amount $10,732

Tax Year 2025

Lot Size 0.710 Acres

Acres 0.71

Property Sub-Type Apartment

Property Description

12-unit income producing apartment complex in Plainview school District. Exceptional investment opportunity to acquire a well maintained 12 unit multifamily apartment complex located within the highly sought after Plainview school district. This income producing property offers a stable revenue stream, strong cash flow, and attractive long-term investment potential. Each of the 12 units features a spacious two bedroom one bathroom floor plan and includes its own washer and dryer, providing convenience and added value for tenants. Residents also enjoy the warmth and charm of a wood-burning fireplace and a private deck creating desirable living spaces that help attract and retain quality tenants. Significant capital improvements have already been made, including a new roof installed approximately five years ago. Additionally, eight of the twelve units have been remodeled within the last five years, offering updated finishes and reducing future maintenance concerns. The property also includes additional land on the north side of the complex presenting excellent opportunities for future development. Investors may choose to add covered parking, expand amenities, or explore the potential for additional units, creating even greater income producing probabilities. With a proven history of generating consistent income, this property offers strong fundamentals, and the opportunity for continued rent growth and value appreciation. Whether you're looking to expand an existing portfolio or enter the multifamily market, this turnkey asset delivers both immediate cash flow and long-term upside. This is a rare opportunity to acquire a multifamily asset that combines current cash flow, recent improvements, and future expansion potential in one of the areas most desirable school districts! Call for a showing today!

Location

State OK

County Carter

Community Sidewalks

Interior

Interior Features Wet Bar, Ceiling Fan(s)

Heating Central, Electric

Cooling Central Air

Fireplace No

Heat Source Central, Electric

Exterior

Exterior Feature Sprinkler/Irrigation, Lighting, Storage

Fence None

Community Features Sidewalks

Utilities Available Electricity Available, Water Available

Water Access Desc Public

Roof Type Other

Building

Building Description Frame, Dumpster

Foundation Slab

Lot Size Range 0.71

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

School District Plainview

Others

Tax ID 0180-00-001-004-0-001-00

Security Features Smoke Detector(s)

Listed by Ross Group Real Estate Service

Nearby Locations

William Mahan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(405) 301-5560

william@thelabelre.com

120 SE 19th St, Moore, OK, 73160, USA

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2715 Chattanooga