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28869462
28869461

1309 Nw Baldwin, Lawton, OK 73507

NextHome Tri-Covenant Realty
Listed by NextHome Tri-Covenant Realty
$1,750,000
175 days on market
Updated 174 days ago

1309 Nw Baldwin,

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 29,424
Units 40
Occupancy 82.5%
Year Built 1969
Stories 2
Investment Type Owner/User
Occupancy Date 12/12/2025

Multifamily | 40 Units

Marketing description

Discover an outstanding investment opportunity with this well-maintained 40-unit multifamily property, currently 82.5% occupied with long-term, stable tenants—several of whom have called this community home for over 20 years. Current rents are $695 per unit, with matching deposits, offering consistent and reliable cash flow. The complex features a convenient on-site laundry facility, ample. parking, and excellent tenant relations supported by a dedicated and efficient property management team. Significant improvements have been made, ensuring peace of mind for the next owner: Roofs replaced in 2022, several units have been rented section 8 and passed inspections on the first time. 32 units renovated with new flooring, fresh paint, updated cabinetry, electrical and plumbing upgraded during unit renovations. With strong occupancy, ongoing improvements, and a history of tenant stability, this property presents solid potential for continued growth and returns. Call the listing agent, Brenda Spencer-Ragland, NextHome TCR, 580-512-0591 today to schedule a tour, request a full rent roll, and explore the income-producing capabilities of this remarkable investment

Investment highlights

  • Lot Size 60,898.08

Listing Contacts

NextHome Tri-Covenant Realty
Listed by NextHome Tri-Covenant Realty

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Additional Information

Name
Brenda Spencer-Ragland
License
183998
Brokerage
NextHome TRI-Covenant Realty
Brokerage Phone
5805120591
Title
Real Estate Broker, Agent
Brokerage Address
1001 Southwest B Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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