10 Unit Rental Properties -established monthly income
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Owner will carry down payment up 20% of sale price
10-UNIT MULTI-FAMILY RENTAL PROPERTY PORTFOLIO - PAWHUSKA, OK
This established 10-unit multi-family rental property portfolio is located in Pawhuska, Oklahoma, presenting an excellent real estate investment opportunity in a strategically positioned market. The properties generate consistent rental income with strong potential for growth.
PROPERTY OVERVIEW:
• 10 rental units generating $74,952 annual revenue
• Asking Price: $689,000
• Multi-family residential real estate
• Established tenant base with consistent occupancy
• Well-maintained properties in excellent condition
PROPERTY HIGHLIGHTS:
• Family-owned for over 25 years with meticulous care and maintenance
• All rental income consistently reinvested in property improvements and updates
• Properties maintained in optimal condition with strong tenant relationships
• Current rental rates positioned approximately 10% below market value
• Significant immediate upside potential through rent adjustments to market levels
LOCATION ADVANTAGES:
• Located in Pawhuska, home to the Pioneer Woman Mercantile - major regional tourist destination
• Tourism-driven market creates opportunities for alternative rental strategies
• Growing area with increasing demand for quality rental accommodations
• Strategic position for both traditional rentals and short-term rental conversions
INVESTMENT POTENTIAL:
• Below-market rents provide immediate income enhancement opportunities
• Historical rental increases of 3% every two years
• No recent rent increases, allowing new owner flexibility for adjustments
• Stable cash flow with growth potential in expanding tourist market
FINANCING:
• Owner financing available - will carry up to 20% of sale price at 5.5% interest
• Flexible terms to facilitate acquisition
• Turnkey investment ready for immediate ownership
This multi-family property portfolio offers investors a rare opportunity to acquire income-producing real estate in a desirable location with substantial upside potential. The combination of below-market rents, excellent property condition, and favorable financing makes this an attractive investment.
Reason for Sale: Change in personal circumstances.
This established 10-unit multi-family rental property portfolio is located in Pawhuska, Oklahoma, presenting an excellent real estate investment opportunity in a strategically positioned market. The properties generate consistent rental income with strong potential for growth.
PROPERTY OVERVIEW:
• 10 rental units generating $74,952 annual revenue
• Asking Price: $689,000
• Multi-family residential real estate
• Established tenant base with consistent occupancy
• Well-maintained properties in excellent condition
PROPERTY HIGHLIGHTS:
• Family-owned for over 25 years with meticulous care and maintenance
• All rental income consistently reinvested in property improvements and updates
• Properties maintained in optimal condition with strong tenant relationships
• Current rental rates positioned approximately 10% below market value
• Significant immediate upside potential through rent adjustments to market levels
LOCATION ADVANTAGES:
• Located in Pawhuska, home to the Pioneer Woman Mercantile - major regional tourist destination
• Tourism-driven market creates opportunities for alternative rental strategies
• Growing area with increasing demand for quality rental accommodations
• Strategic position for both traditional rentals and short-term rental conversions
INVESTMENT POTENTIAL:
• Below-market rents provide immediate income enhancement opportunities
• Historical rental increases of 3% every two years
• No recent rent increases, allowing new owner flexibility for adjustments
• Stable cash flow with growth potential in expanding tourist market
FINANCING:
• Owner financing available - will carry up to 20% of sale price at 5.5% interest
• Flexible terms to facilitate acquisition
• Turnkey investment ready for immediate ownership
This multi-family property portfolio offers investors a rare opportunity to acquire income-producing real estate in a desirable location with substantial upside potential. The combination of below-market rents, excellent property condition, and favorable financing makes this an attractive investment.
Reason for Sale: Change in personal circumstances.
About the Property
- Type
- Multi-Family
- Building Status
- Established
- Facilities & Assets
- The property consists of ten (10) rental units and includes an on-site maintenance shop. All payments are processed through Apartments.com, which serves as the platform for rent collection and financial tracking. Monthly rent is due on the 1st of each month, with payments considered late after 11:00 PM on the 5th, a $100 late fee is automatically assessed. Comprehensive payment histories, rental reports, and financial documentation generated through Apartments.com will be provided to qualified prospective buyers for review.
About the Sale
- Furniture, Fixings and Equipment
- Included in Asking Price
- Financing
- Owner will hold down payment up to 20% of sale price at 5.5% interest.
Listing Info
- ID:
- 2444217
- Listing Views:
- 24
Attached DocumentsAttachment Disclaimer
Listing ID: 2444217 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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