$1,390,000
( $122.57Per Sq Foot )
 $8,334 est/mo Sourced by Back At You

2715 Chattanooga,Ardmore, OK 73401

Ardmore, OK 73401

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Description

12-unit income producing apartment complex in Plainview school District. Exceptional investment opportunity to acquire a well maintained 12 unit multifamily apartment complex located within the highly sought after Plainview school district. This income producing property offers a stable revenue stream, strong cash flow, and attractive long-term investment potential. Each of the 12 units features a spacious two bedroom one bathroom floor plan and includes its own washer and dryer, providing convenience and added value for tenants. Residents also enjoy the warmth and charm of a wood-burning fireplace and a private deck creating desirable living spaces that help attract and retain quality tenants. Significant capital improvements have already been made, including a new roof installed approximately five years ago. Additionally, eight of the twelve units have been remodeled within the last five years, offering updated finishes and reducing future maintenance concerns. The property also includes additional land on the north side of the complex presenting excellent opportunities for future development. Investors may choose to add covered parking, expand amenities, or explore the potential for additional units, creating even greater income producing probabilities. With a proven history of generating consistent income, this property offers strong fundamentals, and the opportunity for continued rent growth and value appreciation. Whether you're looking to expand an existing portfolio or enter the multifamily market, this turnkey asset delivers both immediate cash flow and long-term upside. This is a rare opportunity to acquire a multifamily asset that combines current cash flow, recent improvements, and future expansion potential in one of the areas most desirable school districts! Call for a showing today!

Details

MLS #2620779
Listing TypeFor Sale
StyleApartment
Sub-TypeResale
StatusActive
Year1984
Days On Site77
Listing Provided ByRoss Group Real Estate Service | Sarah Newton

Features

SQ Feet11,340
ZoningC1
Acreage0.71

Taxes

Tax Annual Amount10732

Location

Community FeaturesSidewalks

Area Information

StateOK
CountyCarter
CityArdmore
Zip Code73401
Community NameChampion Station Phase I
Listing VS Median (in Champion Station Phase I)
Price:
$1,390,000
low | high
Med:
$834,950
89.931654676259% of Average
sqft:
11,340
low | high
Med:
6,464
92.99823633157% of Average
$ / sqft:
$123
low | high
Med:
$149
28.101362738525% of Average
On site:
77
low | high
Med:
65.5
100% of Average
Sourced by Back At You

Market Activity 73401

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Showing Information

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Contact

Learn More About This Property

Michelle Turner

Michelle Turner

Coldwell Banker Select

211687 (479) 926-1930michelle.turner@cbokc.com
StateOK
CountyCarter
CityArdmore
Zip Code73401
Community NameChampion Station Phase I
Listing VS Median (in Champion Station Phase I)
Price:
$1,390,000
low | high
Med:
$834,950
89.931654676259% of Average
sqft:
11,340
low | high
Med:
6,464
92.99823633157% of Average
$ / sqft:
$123
low | high
Med:
$149
28.101362738525% of Average
On site:
77
low | high
Med:
65.5
100% of Average
Sourced by Back At You
Listing Updated: August 20, 2026 at 7:02:54 PM PDT