Building Details

Year Built 1970

Stories 2

Listing Agency: Keller Williams Realty Green Meadow

Listed By: Grant Hawkins · License #OK Show Phone

Source: Kw

Added: Feb 10 Changed: Oct 16 Last Checked: Oct 16 at 7:39AM

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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 Keller Williams Realty Green Meadow

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Investment Insights

Based on property information with market context.

This multifamily property was constructed in 1970 and features a tar-and-gravel exterior. The asset is located at 415 N Harmon Avenue in Watonga, Oklahoma, providing a defined property address for acquisition review. Financial information includes a cap rate over 8%, supporting evaluation as a residential income property.

Key Highlights

• Cap rate over 8%
• Constructed in 1970
• Tar‑and‑gravel exterior

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Parking Lot & Garage Hair Salon Building Supply Nail Salon

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

Location Intelligence

Trade Area within ½ mile

394

Businesses Nearby

Explore this area Business Placement

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?

Multifamily property - Income-producing multifamily asset with a tar-and-gravel exterior and a documented cap rate above 8%.

Where is this multifamily property located?

The property is located at 415 N Harmon Avenue Watonga, OK.

What is the asking price?

The asking price for this property is $550,000.

What are key features of this property?

This property features: Cap rate over 8%; Constructed in 1970; Tar‑and‑gravel exterior