132 Page Street Norman OK
Land | 0.19 acres
Marketing description
Discover a unique investment opportunity in the heart of the University of Oklahoma campus. This exceptional multi-family property is ideally situated to cater to the needs of a vibrant student community, with the university experiencing five consecutive years of growth and a continued demand for off-campus housing among over 26,000 students.
This 4-unit multi-housing facility offers immediate rental income and the potential for future redevelopment, making it a strategic investment choice. Enjoy stunning views of the stadium from this coveted location, which is perfectly poised to attract students and university fans alike.
With its prime position and flexible zoning, this property allows for the development of a variety of residential units to meet the housing needs of the community. This rare gem presents a valuable opportunity for savvy investors looking to capitalize on a thriving market.
Investment highlights
7,841 SF lot (.18 acres) in Campus Corner with 3,762 SF structure built in 1930, currently configured as 7-bedroom multi-unit rental generating income. R-3 Multi-Family Dwelling zoning allows for continued rental use or potential redevelopment. Property located near University of Oklahoma campus, Campus Corner restaurants and retail, and public transportation. University of Oklahoma enrollment has grown to over 36,500 students with five consecutive years of record growth, creating continued demand for housing in the area. Campus Corner location offers strong rental market fundamentals. Sold as-is. Buyer to verify all property details, zoning regulations, development potential, and perform all inspections.
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