7295 E US Hwy 270 McAlester, OK 74501

This well-maintained property, located less than four miles east of McAlester, Oklahoma, on Highway 270, offers a solid investment opportunity with a 7.8% cap rate. The complex has maintained 100% occupancy with a vacancy rate of less than 2% throughout its life, showcasing long-term tenant stability. Each unit is separately metered for electricity, allowing the new owner to shift electricity costs to tenants, which can significantly increase the net operating income. All units feature one or two-car garages, enhancing tenant satisfaction and ensuring continued high occupancy. The property is in excellent condition, requiring no immediate capital expenditures, making it an attractive turnkey investment. The location benefits from easy access to local amenities and employment centers within the Township of Alderville. The McAlester area has experienced steady population growth, translating to a consistent demand for quality rental housing. Alderson offers a quiet, small-town atmosphere, appealing to renters looking for a safe, peaceful living environment. McAlester provides residents with various amenities, including shopping centers, restaurants, parks, and healthcare services. The area is served by McAlester Public Schools, offering quality education options for families with children. The nearby Eufaula Lake provides recreational opportunities for residents, including boating, fishing, and camping.