270 NW Electric Ave McAlester, OK 74501

Building Details

Year Built

2025

Listing Agency Method Grow

Listed by Alan Martin · License #FSBO

Source Crexi

Added: Jan 27 Updated: Jul 6 at 1:38 pm Checked: Jul 19 at 6:19 am

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Investment Insights

Based on property information with market context.

This nine-unit apartment building, finished in November 2025, features a full sprinkler system and a concrete parking lot. Each unit includes two bedrooms and two bathrooms, with an open floor plan integrating the kitchen, dining, and living room areas. The units are designed for energy efficiency, with average electric bills reported to be less than $100 per unit. Water and trash services average less than $40 per month per unit, and high-speed internet averages $55 per unit monthly. The annual insurance cost is $12,800. The building has received full State Fire Marshall approval and an occupancy certificate. Located close to McAlester Regional Hospital and multiple schools, the property is situated in Krebs, a small town adjacent to McAlester, known for its very low crime rate. The property size is 9282 square feet.

Key Highlights

• New construction 9‑unit apartment building (2025).
• Full sprinkler system and concrete parking lot.
• Each unit features 2 bedrooms and 2 bathrooms with an open floor plan.

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FAQs

What type of property is this?

Apartment building - Nine-unit apartment building near McAlester Regional Hospital, completed November 2025.

Where is this apartment building located?

The property is located at 270 NW Electric Ave McAlester, OK.

What is the asking price?

The asking price for this property is $1,470,000.

What are key features of this property?

This property features: New construction 9‑unit apartment building (2025).; Full sprinkler system and concrete parking lot.; Each unit features **2 bedrooms and 2 bathrooms with an open floor plan.**