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Listed by Brandon Meadows • Nexus Realty
$ 1,800,000
Est. payment /mo
New
22548 State Highway 49 HWY Medicine Park, OK 73507
24 Beds
24 Baths
11,132 SqFt
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 11,132 sqft
Price per Sqft $161
MLS Listing ID OKC1257264
Style Colonial,Mission
Bedrooms 24
Full Baths 24
Construction Status Brick,Brick & Frame
Year Built 2005
Annual Tax Amount $15,635
Lot Size 3.368 Acres
Property Sub-Type Apartment
Property Description
AUDUBON APARTMENTS | RARE SOUTHWESTERN OKLAHOMA MULTIFAMILY INVESTMENT OPPORTUNITY
12 Units | 4 Buildings | Over 3 Acres | $1,800,000
Discover a distinctive investment opportunity near the scenic Wichita Mountains and Lake Lawtonka.
Audubon Apartments offers 12 spacious, two-bedroom, two-bathroom residences across four buildings, approximately 800–1,000 square feet each.
Situated amid mature trees and expansive grounds, this established rental property combines peaceful country living with convenient access to employment centers, recreational destinations, and everyday amenities.
PROPERTY HIGHLIGHTS
- 12 established rental residences in four buildings
- Two bedrooms and two bathrooms per apartment
- Approximately 800–1,000 square feet per residence
- Each apartment separately metered for electricity and water
- Two large garages
- Two billboard structures
- Expansive grounds with additional land offering potential for future development, subject to applicable approvals
- Existing rental income and established tenancy
EXCEPTIONAL SOUTHWESTERN OKLAHOMA LOCATION
Near Medicine Park, Lake Lawtonka, Mount Scott, the Wichita Mountains Wildlife Refuge, and Fort Sill, Audubon enjoys a setting rarely found in conventional multifamily properties.
Residents enjoy the privacy and tranquility of country living while remaining approximately 12 minutes from Lawton and 15 minutes from Elgin.
Comparable multifamily rentals are exceptionally limited near Lake Lawtonka and Medicine Park, making Audubon's acreage and location particularly distinctive.
AN ESTABLISHED INVESTMENT WITH FUTURE POTENTIAL
Audubon Apartments offers investors an existing rental community with substantial land, additional property features, and potential long-term opportunities.
Consider the expense of acquiring comparable land and recreating a development of this nature in today's market.
Offered at $1,800,000. Sold as-is. No seller financing.
12 Units | 4 Buildings | Over 3 Acres | $1,800,000
Discover a distinctive investment opportunity near the scenic Wichita Mountains and Lake Lawtonka.
Audubon Apartments offers 12 spacious, two-bedroom, two-bathroom residences across four buildings, approximately 800–1,000 square feet each.
Situated amid mature trees and expansive grounds, this established rental property combines peaceful country living with convenient access to employment centers, recreational destinations, and everyday amenities.
PROPERTY HIGHLIGHTS
- 12 established rental residences in four buildings
- Two bedrooms and two bathrooms per apartment
- Approximately 800–1,000 square feet per residence
- Each apartment separately metered for electricity and water
- Two large garages
- Two billboard structures
- Expansive grounds with additional land offering potential for future development, subject to applicable approvals
- Existing rental income and established tenancy
EXCEPTIONAL SOUTHWESTERN OKLAHOMA LOCATION
Near Medicine Park, Lake Lawtonka, Mount Scott, the Wichita Mountains Wildlife Refuge, and Fort Sill, Audubon enjoys a setting rarely found in conventional multifamily properties.
Residents enjoy the privacy and tranquility of country living while remaining approximately 12 minutes from Lawton and 15 minutes from Elgin.
Comparable multifamily rentals are exceptionally limited near Lake Lawtonka and Medicine Park, making Audubon's acreage and location particularly distinctive.
AN ESTABLISHED INVESTMENT WITH FUTURE POTENTIAL
Audubon Apartments offers investors an existing rental community with substantial land, additional property features, and potential long-term opportunities.
Consider the expense of acquiring comparable land and recreating a development of this nature in today's market.
Offered at $1,800,000. Sold as-is. No seller financing.
Location
State OK
County Comanche
Interior
Fireplace N
Exterior
Roof Type Shingle
Building
Lot Description Cul-De-Sac, Rural
Story 2
Foundation Slab
Architectural Style Colonial, Mission
Structure Type Brick,Brick & Frame
Construction Status Brick,Brick & Frame
Schools
Elementary Schools Elgin Es
Middle Schools Elgin Ms
High Schools Elgin Hs
School District Elgin
NEARBY SCHOOLS & PROPERTIES
