505A NW Oak

    Cache, OK 73527
    • $500,000
    • STATUS: Active
    • ON SITE: 54 days
    • MLS #: 154118
    UPDATED: 12 min ago
    $500,000
    • 0
      BEDS
    • 8.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1990
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Investment opportunity in Cache, OK known as the "gateway of the Wichita Mountains. The $500K price includes 11 acres (mol) with 8.25 acres zoned Commercial beginning just North of the SE exchange between Hwy 115 and hwy 62 and from there runs East sandwiched between oak street and highway 62. This investment package consists of 3 parcels with a potential combined monthly cash flow of $5,300 month described as follows: 711 NW Oak and 703 NW Oak: Corner lot at Hwy 115 (8th street) and Oak street of 1 acre (mol) zoned R-3 according to the City of Cache with 3 buildings: 711 is a 3 bedroom 2 bath brick home renting for $1,000 month. Next is a 2 car garage/metal shop. 703 is a 3 bedroom, 2 bath mobile home. All appear in good serviceable condition. 701 NW Oak: Vacant lot with 1.3 acres (mol) zoned R-3 according to the City of Cache. 505 NW Oak: 8.25 acres (mol) zoned Commercial according to the City of Cache. This parcel consists of 12 mobile home bays 7 which are currently rented at $100 each monthly; a 8 unit brick apartment complex appears in good serviceable condition with potential rental income of $3,600 month; a uninhabitable house and the remainder is pasture land.

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    Listing information © 2019 Lawton Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Pam & Barry's Team - RE/MAX Professionals. Data last updated 2019-10-15T10:33:37.573.
    www.homefinderlawton.com/homes/98167582

    505A NW Oak Cache, OK 73527

    • Price: $500,000
    • Status: Active
    • Updated: 12 min ago
    • MLS #: 154118
    0
    Beds
    0
    Baths
    0
    ½ Baths
    8.24
    Acres
    1990
    Built
    Neighborhood:
    Cache
    County:
    Comanche
    Area:
    Cache
    Elementary School:
    Cache
    Middle School:
    Cache
    High School:
    Cache Sr Hi
    Property Description
    Investment opportunity in Cache, OK known as the "gateway of the Wichita Mountains. The $500K price includes 11 acres (mol) with 8.25 acres zoned Commercial beginning just North of the SE exchange between Hwy 115 and hwy 62 and from there runs East sandwiched between oak street and highway 62. This investment package consists of 3 parcels with a potential combined monthly cash flow of $5,300 month described as follows: 711 NW Oak and 703 NW Oak: Corner lot at Hwy 115 (8th street) and Oak street of 1 acre (mol) zoned R-3 according to the City of Cache with 3 buildings: 711 is a 3 bedroom 2 bath brick home renting for $1,000 month. Next is a 2 car garage/metal shop. 703 is a 3 bedroom, 2 bath mobile home. All appear in good serviceable condition. 701 NW Oak: Vacant lot with 1.3 acres (mol) zoned R-3 according to the City of Cache. 505 NW Oak: 8.25 acres (mol) zoned Commercial according to the City of Cache. This parcel consists of 12 mobile home bays 7 which are currently rented at $100 each monthly; a 8 unit brick apartment complex appears in good serviceable condition with potential rental income of $3,600 month; a uninhabitable house and the remainder is pasture land.
    Exterior Features

    2 Bedrm Num Of Car Garage 0 Exterior Inclusions Patio Foundation Slab Lot Size 8.24 Acres Roof Composition Style 2 Story Type Apartment Building

    Interior Features

    2 Bedrm Num Of Baths 1 2 Bedrm Num Of Units 8 Appliances Range/OvenRefrigeratorDishwasher Cooling CentralElectric Electricity Rural Electric Co-Op Floors Carpet PartialOther Gas None Heating CentralElectric Interior Inclusions Carpet

    Property Features

    Age Range 36 - 45 Ann Insurance Prem Co $4600.00 Annual Taxes 3525 Flood Insurance YN No Gross Rental Income 3600 Laundry Facilities None Paid By Owner None Possession At Closing Road Frontage City StreetU.S. Highway Sale Rent For Sale Sewer City Terms Of Sale ConventionalCash Utilities Sep. Meter (Electric)Sep. Meter (Water)

    Listing provided courtesy of Capuccio Dream Homes Realty. Listing information © 2019 Lawton Multiple Listing Service.
    Listing information © 2019 Lawton Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Pam & Barry's Team - RE/MAX Professionals. Data last updated 2019-10-15T10:33:37.573.
     
    Pam & Barry's Team - RE/MAX Professionals
    3908 NW Elm Ave
    Lawton OK, 73505