Investment opportunity with significant room for future expansion! Situated on 37+ acres, this property features six duplexes totaling 12 units. Three duplexes were built in 2015, with three additional duplexes completed in 2026. Each unit offers 2 bedrooms and 2 bathrooms with an open, functional floor plan, spacious bedrooms, concrete floors, washer/dryer hookups, and all-electric utilities. Five of the units are fully furnished. The property also provides ample space for vehicle and trailer parking, making it well-suited for tenants with livestock, trailers, or recreational equipment. Designed with expansion in mind, the acreage offers room for additional duplexes and 30+ tiny homes, creating substantial potential to increase the propertys existing income stream. Tenants also enjoy access to a roping arena, along with fenced horse pens and loafing sheds for livestock?an attractive feature for the areas equestrian and agricultural community. The owner currently pays trash and mowing for all units (excluding livestock pens), plus utilities for 5 of the 12 units. Conveniently located between Stillwater, Perkins, and Langston, this unique property combines established rental income, acreage, tenant amenities, and considerable development potential. This property provides a rare opportunity to acquire an investment property with multiple avenues for future growth.
Listed By
Agency Name: Okie Homes Realty, LLC
Agency Phone: 580-336-8580
Shown By
Agency Title: Solid Rock Realtors
Agency Phone: 918-341-7625
Estimated Payment
$ 5,290.91 per month $4,228.58 Principal & Interest $508.17 Property Tax $554.17 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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10600 S Rider Road | MLS# 134997
This multi-family property located at 10600 S Rider Road, Perkins, OK 74059 is currently listed for sale with an asking price of $1,900,000. S Rider Road is located within the Perkins School District school district. Search Perkins real estate on www.solidrockrealtors.com today.