825 S Mississippi Avenue

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825 S Mississippi Avenue

Ada, OK 74820
Asking Price
$2.10M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Ada, Oklahoma.
  • Property is located at 825 S Mississippi Avenue.
  • Investment priced at an asking rate of 2,100,000 dollars.
  • Located within the 74820 zip code of central Oklahoma.
  • Asset provides residential housing within a stable regional market.

What's Special

This multifamily asset at 825 S Mississippi Avenue in Ada, Oklahoma, is available for sale, presenting a functional acquisition for investors looking to expand their residential portfolio. The apartment building occupies a strategic location in a growing market within the regional Oklahoma economy, providing steady housing demand. Ada serves as a central hub for the surrounding area, benefiting from stable local demographics and proximity to major regional roadways that facilitate easy access for residents throughout the city. Well-suited for experienced operators or those entering the multifamily space, this property offers a clear path toward long-term asset management. The structure provides a straightforward footprint for residential occupancy, meeting the needs of the local rental market. With its position in the 74820 zip code, the building maintains proximity to established community services and employment nodes. Owners can leverage this asset for consistent cash flow generation while maintaining a presence in a reliable, well-connected Oklahoma municipality.

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NOI
$80,000
Cap Rate
3.81%
DSCR
0.64
Underwater
Cash-on-Cash
-7.09%
Monthly Payment
$10,389.654
Annual Cash Flow
$-44,675.85

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