505b Nw Oak, Cache

$500,000

0 Beds
0 Baths
0 Sqft
8.24 Acres
0 Garages

Investment opportunity in Cache, OK known as the “gateway of the Wichita Mountains”. The $500K price includes 11 acres (mol) with 8.25 acres zoned Commercial beginning just North of the SE exchange between Hwy 115 and hwy 62 and from there runs East sandwiched between oak street and highway 62. This investment package consists of 3 parcels with a potential combined monthly cash flow of $5,300 month described as follows: 711 NW Oak and 703 NW Oak: Corner lot at Hwy 115 (8th street) and Oak street of 1 acre (mol) zoned R-3 according to the City of Cache with 3 buildings: 711 is a 3 bedroom 2 bath brick home renting for $1,000 month. Next is a 2 car garage/metal shop. 703 is a 3 bedroom, 2 bath mobile home. All appear in good serviceable condition. 701 NW Oak: Vacant lot with 1.3 acres (mol) zoned R-3 according to the City of Cache. 505 NW Oak: 8.25 acres (mol) zoned Commercial according to the City of Cache. This parcel consists of 12 mobile home bays – 7 which are currently rented at $100 each monthly; a 8 unit brick apartment complex appears in good serviceable condition with potential rental income of $3,600 month; a uninhabitable house and the remainder is pasture land.

Essential Information
MLS® #154119
Price$500,000
Acres8.24
TypeLand
Sub-TypeCOMMERCIAL
StatusActive
Community Information
Address505b Nw Oak
AreaCACHE
CityCache
CountyComanche
StateOK
Zip Code73527
Exterior
Lot Description5 - 10 Acres
School Information
ElementaryCache
MiddleCache
HighCache Sr Hi
Additional Information
Date ListedAugust 15th, 2019
Days on Market96
ZoningC-1 Local Comm Dist
Listing Details
AgentAnthony Capuccio
OfficeCAPUCCIO DREAM HOMES REALTY
LISTING MAP

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Data last updated: November 19th, 2019 at 11:28pm CST and updating occurs up to every 15 minutes.

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