Property Description

Unique Investment Opportunity! Discover a rare investment opportunity in southwest Stillwater, conveniently located off Highway 51 and Range Road. This property offers 17 acres with 10 well-maintained rental homes, all constructed in 2016 and featuring three distinct floor plans. Each home offers 2 bedrooms and 2 bathrooms, along with a spacious kitchen equipped with a refrigerator, range, microwave and dishwasher. Additional features include a separate laundry room with a washer and dryer, front and back patio areas, a paved two-car carport, and attractive landscaping. All homes are total electric and range in size from approximately 1,036 to 1,268 square feet, according to the Payne County Assessor. The property has been pet-free. All of the 10 homes are occupied/leased, providing an established rental income stream for an investor. Tenants are responsible for their own electric usage, while ownership covers water, trash, and lawn care. With 17 acres, this property also offers potential for future expansion, making it an attractive opportunity for investors looking to grow the existing rental portfolio. A playground located near the front of the property provides a convenient recreational area for children.

Property Features

Local Schools