918-840-0500

Property

Pryor, OK 74361 2900 W 520 Road

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Presented By: Lakeland Real Estate NEOK
  • MLS# 2443767
  • 12/12/2024
  • SQFT • 19,376
  • Garage • 1

Home 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 $1375 to $1645 per month for each side. 1 duplex utilized as a VRBO, generating $32,646.58 in 2024. 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. During Rocklahoma & Born & Raised rent is $499.00 a night. All other nights for the VRBO is 189.00.
Presented By: Lakeland Real Estate NEOK

Interior Features for 2900 W 520 Road

Other Interior Features

LivingAreaSourcePublicRecords
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCarpet, Concrete
Heating Y/NYes
Window FeaturesInsulatedWindows

General for 2900 W 520 Road

Additional Parcels Y/NNo
Attached Garage No
Body of WaterHudson Lake
Carport Y/NNo
CityPryor
Community FeaturesSidewalks
Construction MaterialsBrick
Contingency
CoolingCentralAir
CountyMayes
DirectionsFrom Hwy 69A and Hwy 69 go east on Hwy 69A Approx. 1.5 miles Turn North, (left) on Elliott St or S430 Rd, go North 1 mile, Duplexes will be on the Right.
ElectricVolts220
Electric On Property Y/NNo
Elementary School DistrictPryor - Sch Dist (M1)
Energy EfficientDoors, Insulation, Windows
Exterior FeaturesLighting, SatelliteDish
Garage Spaces1.0
Garage Y/NYes
Green Indoor Air QualityVentilation
Gross Income266500.0
HOANo
HeatingCentral, Electric, HeatPump
High School DistrictPryor - Sch Dist (M1)
Home Warranty Y/NNo
Interior FeaturesHighCeilings, InternalExpansion, Other, CableTv, CeilingFans, ProgrammableThermostat
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet200811.0
Lot Size UnitsAcres
Middle/Junior School DistrictPryor - Sch Dist (M1)
MobileHomeRemainsYNNo
Net Operating Income256120.0
New ConstructionNo
Occupancy TypeOccupied
Operating Expense10380.0
PossessionCloseOfEscrow
Possible UseOther
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeCommercialSale
Rent Control Y/NNo
RoofComposition
Security FeaturesSmokeDetectors
Senior Community Y/NNo
SewerAerobicSeptic
Standard StatusActive
StatusActive
Stories1
Subdivision NameMayes Co Unplatted
Tax Annual Amount22315.0
Tax Year2023
Total Rooms112
UtilitiesCableAvailable, ElectricityAvailable, WaterAvailable
Waterfront FeaturesBoatRampLiftAccess
Waterfront Y/NNo
Year Built2018
Year Built SourceBuilder
Zoning DescriptionRes-Nec

Exterior for 2900 W 520 Road

Building Area Total19376.0
Crops Included Y/NNo
Door FeaturesInsulatedDoors
FencingNone
Foundation DetailsSlab
Frontage Length320
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres4.61
Lot Size Area4.61
Open Parking Y/NNo
Parking FeaturesGarage, OneCarGarage, Paved, TwoOrMoreSpaces
SpaNo
Water SourcePublic

Additional Details

Price History

Shea Fite

Broker
Price $2,900,000
MLS#2443767
List Date 12/12/2024
Property Type Commercial
Phone 918.407.6133
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