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5-Unit Apartment Building
For Sale
Contact for pricing
Pending

121 Prouty Ave, Watonga, OK 73772

Five apartments offer central heat and air, combined living and dining areas, and in-unit stoves, refrigerators, and hot water tanks.

Property SizeContact for details
Days on Market145

Property Features for 121 Prouty Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 1 x 1BR/1BA, 4 x 2BR/1BA
Multifamily Units 5

Building Details

Buildings 1
Listing Agency: Stewart Real Estate LLC
Listed By: Andrea Lauminick · License #OK 158816
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 7:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stewart Real Estate LLC

Investment Insights

Based on property information with market context.

This five-unit apartment property includes one one-bedroom, one-bath apartment and four two-bedroom, one-bath apartments. Each unit has central heat and air along with a combined living and dining area. Stoves, refrigerators, and hot water tanks are provided in all apartments. The second floor is reached by exterior metal stairs, and a small storage utility area is positioned between Units 2 and 3.

Property improvements include a bathroom renovation in Apartment 3 in January 2016, replacement of all windows in April 2016, an air-conditioning replacement in Apartment 1 in October 2018, and a roof replacement in November 2018. Additional work includes a new exterior door for the upstairs apartment in 2020, a heat pump and hot water tank in September 2020, updated flooring in Apartment 4 in October 2020, and flooring, sheetrock, and paint improvements in Apartment 3 in September 2022. Apartment 1 received new flooring, fresh paint, a new stove, and a new toilet.

Key Highlights

  • Five apartments: one 1‑bedroom/1‑bath unit and four 2‑bedroom/1‑bath units
  • Central heat and air in every apartment, with combined living and dining areas
  • Each apartment includes a stove, refrigerator, and hot water tank

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Bakery Nail Salon Garden Center

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby

Demographics for 73772, OK

3,574
Population
1,586
Households
2.3
Avg Household Size
40
Median Age
12%
College-Educated
83%
High-School Grad
240.9 sq mi
ZIP Area
15
Density / Sq Mi
$55,125
Median Household Income
$29,853
Median Earnings
$821
Median Rent
$138,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five apartments offer central heat and air, combined living and dining areas, and in-unit stoves, refrigerators, and hot water tanks.
Where is this apartment building located?
The property is located at 121 Prouty Ave Watonga, OK.
What are key features of this property?
This property features: Five apartments: one 1‑bedroom/1‑bath unit and four 2‑bedroom/1‑bath units; Central heat and air in every apartment, with combined living and dining areas; Each apartment includes a stove, refrigerator, and hot water tank
(580) 623-1217 Call to check price and availability
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