701 West Pine Ave Duncan, OK 73533

This exceptional investment opportunity presents a 32-unit apartment complex situated on a 2.75-acre lot in Duncan, Oklahoma (73533). The property, known as Pine Maple Apartments, comprises eight, two-story buildings constructed in 1950, offering a blend of 28 two-bedroom, one-bathroom units and 4 one-bedroom, one-bathroom units. Each unit boasts a spacious layout, ranging from 728 to 807 square feet. Current rental income is generated from a mix of $500 (one-bedroom) and $550 (two-bedroom) monthly rents. The property features on-site laundry facilities, ample parking for residents and guests, and a sizable outdoor area. The property is zoned X and is being offered for sale by owner at $1,248,000, representing a price per unit of $39,000. Seller financing is available with a 35% down payment. This property presents a strong value-add opportunity for investors seeking to build instant equity. The property is in need of some tender loving care, presenting a chance to increase profitability through renovations and upgrades. The property's location in Stephens County provides convenient access to local amenities and services. The property's parcel number is 1001-00-085-001-0-000-00. This is a rare chance to acquire a substantial multifamily property in a growing market.