2501 E AveLawton, OK 73505
- Residential income properties
- 10,704 SF
Property Details for 2501 E Ave
- Year built
- 160
- Lot size
- 0.36 AC
- Property size (Sq ft)
- 10,704 SF
- Property type
- Residential income properties
- Property subtype
- Retirement homes
Description
This exceptional investment opportunity presents a 10,704 square foot, one-story apartment building situated on a 0.36-acre lot in Lawton, Oklahoma. Built in 160, the property is zoned R-3 and features a rich history as a former assisted living facility. The main floor comprises 25 living units, each with access to shared amenities including 11 bathrooms, a spacious courtyard, multiple recreation areas, a fully equipped kitchen, and a dedicated dining room. The second floor offers additional living space, including two two-bedroom units with two bathrooms and a shared lounge area, as well as six one-bedroom units, each with a private bathroom. This unique property offers significant potential for various uses, given its size, existing infrastructure, and prime Lawton location at 2501 SW E Ave, 73505. The building's layout and existing features are well-suited for continued operation as senior housing or adaptive reuse for other multifamily purposes. This is a rare chance to acquire a substantial property with significant historical character and strong potential for future returns in a thriving Oklahoma community. The property's location in Comanche County provides easy access to local amenities and services. This is a truly unique opportunity for an investor seeking a well-established property with significant upside potential.
Location Insight
- City
- Lawton
- County
- Comanche
- State
- Oklahoma
- Latitude
- 34.6036
- Longitude
- -98.4275
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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