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607 S LAKE MURRAY
ARDMORE, OK 73401
Asking Price
$675K
Cap Rate
7.73%
Asset Type
Retail
Class
Class B
What's Special
Only 60% Leased, great upside potential! <p>Positioned directly across from the infamous Hardy Murphy Coliseum, this commercial complex presents an exceptional opportunity for investors and owner-users alike. Built in 2020, the property consists of two steel frame buildings totaling 11,840 sq ft(per County Records) and sits in a highly visible location that benefits from steady traffic generated by year round events, fairs, equestrian competitions, and other regional attractions. Currently operating as a multi-tenant commercial investm
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NOI
$80,000
Cap Rate
11.85%
DSCR
2.00
Strong
Cash-on-Cash
19.72%
Monthly Payment
$3,339.527
Annual Cash Flow
$39,925.679
