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Property profile & analytics
OFF-MARKET
Retirement homes

2501 E Ave Lawton, OK 73505

10,704 SF 0.36 ac lot Built 160
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 10,704 square foot, one-story apartment building situated on a 0.36-acre lot in Lawton, Oklahoma. Built in 160, the property is zoned R-3 and features a rich history as a former assisted living facility. The main floor comprises 25 living units, each with access to shared amenities including 11 bathrooms, a spacious courtyard, multiple recreation areas, a fully equipped kitchen, and a dedicated dining room. The second floor offers additional living space, including two two-bedroom units with two bathrooms and a shared lounge area, as well as six one-bedroom units, each with a private bathroom. This unique property offers significant potential for various uses, given its size, existing infrastructure, and prime Lawton location at 2501 SW E Ave, 73505. The building's layout and existing features are well-suited for continued operation as senior housing or adaptive reuse for other multifamily purposes. This is a rare chance to acquire a substantial property with significant historical character and strong potential for future returns in a thriving Oklahoma community. The property's location in Comanche County provides easy access to local amenities and services. This is a truly unique opportunity for an investor seeking a well-established property with significant upside potential.

Property profile
Verified
Property type Retirement homes
Year built 160
Total area 10,704 SF
Lot 0.36 ac (15,682 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gale Poe, BHRS Counselor
  • Children's Emergency Resource Center Child Welfare Organization Adoption Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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