Listing Agency: Coffee-Haney Auction and Real Estate Show Phone

Listed By: Lindsay Gaylor Show Phone

Added: Mar 27 Changed: Aug 4 Last Checked: Aug 6 at 8:06AM

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MLS# 11684686

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Investment Insights

Based on property information with market context.

Dots Apartments is a 12-unit multifamily property totaling approximately 6,000 square feet. The configuration includes a mix of apartment units and a standalone 3-bedroom, 1.5-bath house, which can add flexibility to how the units are marketed and rented.

The property is located at 104 S Veterans Drive in Coalgate, Oklahoma (Coal County).

This offering may fit investors or owners seeking a small residential income property with an in-place unit mix that goes beyond apartments by including a standalone house. The current structure provides a straightforward platform for managing multiple rental units under one ownership group.

Key Highlights

• 12‑unit apartment complex with approximately 6,000 SF total building area
• Includes a standalone 3‑bedroom, 1.5‑bath house in addition to the apartment units
• Market Cap Rate over 15% stated in public remarks

Property Analytics

Property Profile

Current Use

Dot's Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Building Supply (Bike/Boat/Book/etc) Store Bakery Skin Care Clinic Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12

Residential units

Multi-tenant

Tenancy

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

245

Businesses Nearby

Explore this area Business Placement

Demographics for 74538, OK

3,771

Population

1,898

Households

2

Avg Household Size

43

Median Age

19%

College-Educated

85%

High-School Grad

365.9 sq mi

ZIP Area

10

Density / Sq Mi

$48,824

Median Household Income

$33,764

Median Earnings

$670

Median Rent

$93,800

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Twelve-unit rental property with a standalone 3-bedroom, 1.5-bath house for additional unit variety.

Where is this apartment building located?

The property is located at 104 S Veterans Drive Coalgate, OK.

What is the asking price?

The asking price for this property is $239,000.

What are key features of this property?

This property features: 12‑unit apartment complex with approximately 6,000 SF total building area; Includes a standalone 3‑bedroom, 1.5‑bath house in addition to the apartment units; Market Cap Rate over 15% stated in public remarks