385 Teehee Dr Tahlequah, OK 74464

Property Details for 385 Teehee Dr

Year built

2008

Lot size

0.63 lot acres

Property size

6,240 SF

Property type

Apartment buildings

Description

This exceptional investment opportunity presents a well-maintained eight-unit apartment complex ideally situated at 385 S Teehee Drive Unit 385, Tahlequah, OK. The property encompasses a substantial 6,240 square feet of living space distributed across four duplex buildings, each featuring a unique layout. Four units boast two bedrooms and one bathroom, providing ample space for families or roommates, while the remaining four units offer one bedroom and one bathroom, perfect for individuals or couples. The property sits on a sizable 0.63-acre lot, offering significant potential for future expansion. This presents a rare chance to capitalize on the growing rental market in Tahlequah. The existing units are well-maintained and currently generating income, making this an attractive proposition for both seasoned investors and those new to the multifamily market. The strategic location in Tahlequah offers easy access to local amenities, schools, and transportation routes, ensuring high occupancy rates and consistent rental income. The substantial lot size provides an excellent opportunity for future development, allowing for potential expansion of the existing units or the construction of additional buildings to further increase revenue streams. This property represents a turnkey investment with immediate income generation and significant long-term growth potential. The asking price of $595,000 reflects the exceptional value and potential return on investment this property offers. Don't miss this chance to acquire a thriving multifamily asset in a desirable location.

Location Insight

City

Tahlequah

County

Cherokee

State

Oklahoma

Longitude

-94.9398

Latitude

35.918