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810 Quail Run Rd Grove, OK 74344

For Sale
$7,200,000

72 units in Grove, OK with strong occupancy and NOI.

Property size:
341,510 SF

Property Features for 810 Quail Run Rd

General Information

Size
341,510 SF

Source: Amir Shams Agent Amir Shams

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

72-Unit Multifamily Property in Grove

This multifamily property features 72 garden/low-rise units, consisting of 32 one-bedroom, one-bathroom units and 40 two-bedroom, two-bathroom units. The property maintains a 95.8% occupancy rate and generates a net operating income (NOI) of $463,101.61. Constructed with high-quality materials and modern amenities, the property benefits from strong market fundamentals and high demand for rental housing, ensuring a stable cash flow with a solid rental history. Located in Grove, OK, a growing market, the property is positioned in a landlord-friendly environment. Its location offers close proximity to Grand Lake O’ the Cherokees and provides easy access to major highways and local businesses. The property size is 341510 square feet.
Location Intelligence

Current Use by Public Records

Baycrest Apartments Apartment Complex

Suggested Use

Gym & Fitness Hotel & Motel Bed & Breakfast

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Grove
County
Delaware
State
Oklahoma
Longitude
-94.809215
Latitude
36.588195

FAQs

What type of property is this?
Apartment building - 72 units in Grove, OK with strong occupancy and NOI.
Where is this apartment building located?
The property is located at 810 Quail Run Rd Grove, OK.
What is the asking price?
The asking price for this property is $7,200,000.
What are key features of this property?
This property features: - High NOI: $463,101.61; - High Occupancy: 95.8%; - Strong Rental History and Stable Cash Flow
More about this property
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