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2908 N Park Lane, Altus, OK, 73521
Multifamily Income Property

2908 N Park Lane Altus, OK 73521

For Sale
$425,000

A 5-unit apartment building with all units rented, plus additional unfinished space with development potential.

Property Size8,405 SF
Price / SF$50.57
Days on Market616

Property Features for 2908 N Park Lane

General Information

Standard status
Active
Size
8,405 SF
Property subtype
Multi Family

Building Details

Year Built
1980
Listing Agency: Re/Max Property Place
Listed By: Emory Allen · License #149369
Source: Exitrealty
Added: Nov 14, 2024 Changed: Jul 23 Last Checked: Jul 23 at 5:43AM

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 Re/Max Property Place


Investment Insights

Based on property information with market context.

This multifamily income property includes five 1-bedroom, 1-bath apartments, and all units are currently rented. The building also has a substantial unfinished portion, which could potentially be reconfigured to create additional apartments or other uses within the existing structure.

The property is located at 2908 N Park Lane in Altus, OK 73521.

Interested parties should note the combination of stabilized rental income from the existing units and an unfinished area that offers flexibility for future improvements, subject to applicable approvals.

Key Highlights

  • 1980‑built 5‑unit apartment building with all 1‑bedroom, 1‑bath units currently rented
  • All 5 apartments are occupied, providing current rental income
  • Includes additional unfinished space that could be converted to more apartments or other uses

Property Analytics

Location Intelligence

Current Use by Public Records

Kits of Hope Association Or Organization EFFIONG CPA PLLC Consultant

Suggested Use

Law Firm Dental Office Auto Repair Shop Hair Salon Nail Salon Restaurant HVAC Service Spa & Massage Center Pharmacy Auto Parts Store

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

FAQs

What type of property is this?
Apartment building - A 5-unit apartment building with all units rented, plus additional unfinished space with development potential.
Where is this apartment building located?
The property is located at 2908 N Park Lane Altus, OK.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1980‑built 5‑unit apartment building with all 1‑bedroom, 1‑bath units currently rented; All 5 apartments are occupied, providing current rental income; Includes additional unfinished space that could be converted to more apartments or other uses
More about this property
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