$1,000,000
 $5,996 est/mo Sourced by Back At You

MLS Number: 1155494

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Description

Seize the opportunity to restore and revitalize this 37-unit apartment complex, ideally located tight NECT DOOR to the University of Science and Arts of Oklahoma. This property presents an exceptional project for developers and investors looking for a significant value-add opportunity. The complex suffered fire damage that originated in the shared laundry mat and affected approximately 5 apartments, and has since been abandoned making it the perfect blank canvas for redevelopment. While abandoned an additional fire damaged 2 of the north bottom apartments. Each unit offers spacious layouts, and most apartments come with their own balcony, perfect for enjoying the outdoors. Additionally, the property features a large courtyard that would be an ideal setting to add a pool/hot tub spa, enhancing the overall appeal and rental potential of the complex. TPO roof was installed to the North and South buildings in 2022. It gets even better, 1615 S 17th St is also included in this sale. 2 bed 1 bath 1,060 sq ft. This is a rare chance to take on a project with immense potential. Bring your creativity, team, and resources to transform this distressed property into a profitable investment. Don’t miss out on this unique investor special! Contact us today for more details and to schedule a tour. Photos are from after fire and when property was open and operating.

Details

MLS#1155494
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1970
Days On Site31
Listing Provided ByAlways Real Estate | Shari Brunt

Features

SQ Feet26,670
Story(s)2

Market Activity 73018

Copyright 2025 MLSOK, Inc. We do not attempt to verify the currency, completeness, accuracy, or authenticity of the data contained herein. Information is subject to transcription and transmission errors and is provided “as is”. All information, including but not limited to property square footage and lot size, zoning, and fitness for a particular purpose is subject to inaccuracies and should be independently verified through personal inspection and/or consultation with appropriate professionals. The listing information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective purchasers. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLSOK, Inc. 

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Contact

Learn More About This Property

John Pellow

John Pellow

158809 (918) 697-5237Contact Me Form Link
StateOK
CountyGrady
CityChickasha
Zip Code73018
School DistrictGrady
School DistrictChickasha
Elementary SchoolBill Wallace EC Ctr,Grand Avenue
Middle SchoolChickasha MS
High SchoolChickasha HS
Listing VS Median (In 73018)
Price:
$1,000,000
low | high
Med:
$175,000
100% of Average
SqFt:
26,670
low | high
Med:
1,341
100% of Average
$ / SqFt:
$37
low | high
Med:
$131
100% of Average
On site:
31
low | high
Med:
358.000000
8.659217877095% of Average
Sourced by Back At You
Listing Updated: February 18, 2025 at 11:14:50 AM PST

John Pellow  |  (918) 697-5237  |  158809
South Tulsa - 8909 S Yale Ave, Tulsa, OK 74137

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MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Northeast Oklahoma Board of REALTORS.
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® of South Central Kansas.
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Broken Bow.
Copyright 2025 MLSOK, Inc. We do not attempt to verify the currency, completeness, accuracy, or authenticity of the data contained herein. Information is subject to transcription and transmission errors and is provided “as is”. All information, including but not limited to property square footage and lot size, zoning, and fitness for a particular purpose is subject to inaccuracies and should be independently verified through personal inspection and/or consultation with appropriate professionals. The listing information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective purchasers. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLSOK, Inc. 
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Greater Tulsa Association of REALTORS® MLS.
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