1205 S Main Street, Altus, OK

Others for Sale - $300,000 - 3,276 Sq. Ft. on 1.07 acres

Agent Info

Shoya Garrison
CENTURY 21 Altus Prestige Realty

Property Info

  1205 S Main Street
  Altus OK 73521
UpdatedFebruary 21st, 2020
Building3,276 Sq. Ft.
Land1.07 acres


Property Description

Great business/ investment opportunity - $33k current gross cash flow to owner from rents .. with potential to easily earn $60k to $70 per year in gross rents! Financial statements are available for 2018 & 2019 to qualified potential buyers. The property as developed is currently 100 % leased to long-term stable tenants including a Tax Company (Tax Masters) that has been located in the same location for over 20 years and currently has a 3 year lease in place.OFFICE HAS 1400 SQ FT with multiple offices (4-6 offices), lobby/reception area, kitchen, 2 bathrooms. Owner pays water and sewer for all tenants. One rental unit is completely furnished and includes bed, couch, chairs, tv’s, refrigerator, stove, microwave, and laundry equipment. One apartment: 2 bedrooms/1 bath appx/laundry room/950 square feet. One mobile home: 3 bedrooms OR 4 bedrooms/2 bath/add on could be a 4th bedroom or 2nd living area/1950 square feet. All 3 rental units 100% occupied for the past 24 months.

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