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1309 NW Baldwin Lawton, OK 73507
- $1,750,000
- Year Built: 1969
- Multi-Unit
- Listing #170184
Property Description
Discover an outstanding investment opportunity with this well-maintained 40-unit multifamily property, currently 85% occupied with long-term, stable tenants—several of whom have called this community home for over 20 years. Current rents are $695 per unit, with matching deposits, offering consistent and reliable cash flow. The complex features a convenient on-site laundry facility, ample. parking, and excellent tenant relations supported by a dedicated and efficient property management team. Significant improvements have been made, ensuring peace of mind for the next owner: Roofs replaced in 2022, several units have been rented section 8 and passed inspections on the first time. 32 units renovated with new flooring, fresh paint, updated cabinetry, electrical and plumbing upgraded during unit renovations. With strong occupancy, ongoing improvements, and a history of tenant stability, this property presents solid potential for continued growth and returns. Call the listing agent, Brenda Spencer-Ragland, NextHome TCR, 580-512-0591 today to schedule a tour, request a full rent roll, and explore the income-producing capabilities of this remarkable investment
Listing Details
| Price | $1,750,000 |
|---|---|
| Year Built | 1969 |
| Property Type | Multi-Unit |
| Listing # | 170184 |
| Status | Active |
| Listing Type | For Sale |
Community Information for Lawton, OK 73507
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