INVESTMENT OPP — CURRENTLY LEASED AT $6,150/MO 7.25% CAP RATE 3% ANNUAL RENT ESCALATOR APPROX. 3 YRS REMAINING ON LEASE Rare investment opportunity in the heart of Stillwater offering established income today and significant long-term flexibility. The property is currently occupied under a triple-net (NNN) lease and has a 12+ month history of consistent rent payments, providing buyers with an established tenant and income stream. The property has also benefited from recent improvements, including a brand-new suppression system and additional work completed to address current code requirements, adding meaningful value for an incoming owner. Situated on approximately 2 acres near major employment and education, this unique property offers more than 6,000 SF of flexible space with 20 bedroom / 10 bathrooms. Originally constructed for group housing use, the property features expansive common areas, multiple offices, large gathering spaces, a commercial-style kitchen area, extensive parking, outdoor patio space, mature trees, flower beds, and a park-like setting. Beyond the existing lease, the property’s size, configuration, location, and acreage provide extensive long-term optionality for an investor. The versatile floor plan may accommodate a variety of future uses or repositioning strategies, subject to buyer verification of zoning, licensing, occupancy requirements, and intended use. Substantial outdoor space includes garden areas, open green space, and room for a variety of recreational or operational needs. With an existing NNN lease, a proven history of consistent rent payments, contractual annual rent growth, recent property improvements, and significant flexibility for future use, this property offers a compelling combination of current cash flow and long-term investment potential in Stillwater. Buyer to verify all information, measurements, lease terms, financial information, zoning, permitted uses, code compliance, licensing, and occupancy requirements.
Welcome to The Courts — an exceptional investment opportunity in the heart of Stillwater and a stone's throw to OSU and the Strip. Located just a 9-minute walk from Oklahoma State University and tucked behind the tennis courts off Washington Street, these brand-new 4-bedroom, 4-bathroom townhomes are redefining luxury student living. Scheduled for an August 15th move-in, one unit is already leased at $3,400 per month, while the remaining units are currently being marketed for $2,900 per month. Each residence will feature stainless steel appliances, marble countertops, and luxury vinyl plank flooring, delivering a modern and elevated living experience designed to appeal to today’s student renters. Positioned just minutes from OSU’s campus, the iconic Strip, and Sprouts, The Courts combines convenience, style, and strong rental potential in one of Stillwater’s most desirable locations.
Discover an incredible investment opportunity in Stillwater, Oklahoma, just a short drive from Oklahoma State University! This modern duplex, built in 2020, offers two spacious units, each featuring an open-concept floor plan with 3 bedrooms, 2 bathrooms, and a two-car garage. Each unit is thoughtfully designed with a true master suite, complete with a private en-suite bathroom, ensuring comfort and convenience for tenants. The open living and kitchen areas provide a welcoming space, ideal for entertaining or relaxing. With reliable tenants already in place and outstanding property management available for seamless transition, this property offers immediate income potential. Whether you’re a seasoned investor or just starting, this duplex is a rare find in a prime location. Don’t miss out—schedule a viewing today! Also for sale with MLS 1144977.
Discover an incredible investment opportunity in Stillwater, Oklahoma, just a short drive from Oklahoma State University! This modern duplex, built in 2020, offers two spacious units, each featuring an open-concept floor plan with 3 bedrooms, 2 bathrooms, and a two-car garage. Each unit is thoughtfully designed with a true master suite, complete with a private en-suite bathroom, ensuring comfort and convenience for tenants. The open living and kitchen areas provide a welcoming space, ideal for entertaining or relaxing. With reliable tenants already in place and outstanding property management available for seamless transition, this property offers immediate income potential. Whether you’re a seasoned investor or just starting, this duplex is a rare find in a prime location. Don’t miss out—schedule a viewing today! If you would like to purchase as a package MLS 1144983 is across the street and also for sale.
101 E 32nd St, a unique property in Stillwater, Oklahoma, offering an exceptional investment opportunity. This property features 3 (three) 5-bedroom 2.5bath houses, each designed with college students in mind. Each house has open common areas and large backyards.This property includes a large section of land behind the houses, perfect for future development. All properties are currently leased and generating income. This property provides a rural feel while being just 5 minutes from downtown Stillwater and only 8 minutes from Oklahoma State University (OSU) campus. This prime location makes it a sought-after rental for students. Financials and rent roll available upon request. Buyer to verify all school information.
Stillwater is located in Oklahoma. Stillwater, Oklahoma has a population of 48,055. Stillwater is less family-centric than the surrounding county with 27.46% of the households containing married families with children. The county average for households married with children is 29.22%.
The median household income in Stillwater, Oklahoma is $37,991. The median household income for the surrounding county is $43,686 compared to the national median of $69,021. The median age of people living in Stillwater is 23.8 years.
The average high temperature in July is 93 degrees, with an average low temperature in January of 23.4 degrees. The average rainfall is approximately 37.9 inches per year, with 6.2 inches of snow per year.
