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701 W Highpoint Drive, Stillwater, OK 00000

$5,400,000
  • 701 W Highpoint Drive, Stillwater, OK 00000 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET22,218 MLS#134078
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHigh Point Addi SCHOOLWill Rogers Elementary
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Property Description

Premier Investment Opportunity ? Fully Renovated Condominium Portfolio. Welcome to 701 Highpoint Drive?an exceptional, turnkey investment opportunity in one of Stillwaters most desirable and high-demand locations. If your investment portfolio is lacking, this property delivers immediate performance and long-term potential. This impressive offering includes three buildings totaling 24 fully remodeled condominium units, each featuring 2 bedrooms and 1 full bath with a modern, open-concept kitchen and dining layout designed for todays lifestyle. Completely renovated in late 2025, every unit showcases high-quality, contemporary upgrades including: Brand-new windows and HVAC systems. Durable wood flooring throughout. Updated appliances, cabinetry, and stunning quartz countertops. Innovative, space-saving features such as 2-in-1 sink/dishwasher units and all-in-one washer/dryer combos. These thoughtful enhancements create a sleek, efficient living space while minimizing maintenance and maximizing tenant appeal. The property boasts a clean, modern aesthetic from top to bottom, offering peace of mind with essentially like-new construction throughout. Location is unmatched?just minutes (approximately 3 blocks) from Oklahoma State University, Stillwater High School, shopping, dining, and a scenic walking path to Boomer Lake, ensuring consistent rental demand. Investment Highlights: 24 Units at $1,500/month = Strong income potential. Recently completed renovation (December 2025). Already 93% occupied. Individually metered utilities (electric & gas paid by tenants). Owner pays water. Flexible covenants allowing Airbnb and short-term rentals. With immediate cash flow, modern upgrades, and a prime location, 701 Highpoint Drive is a rare opportunity to acquire a stabilized, high-performing asset in the thriving Stillwater market.

701 W Highpoint Drive | MLS# 134078

This multi-family property located at 701 W Highpoint Drive, Stillwater, OK is currently listed for sale with an asking price of $5,400,000. W Highpoint Drive is located within the Will Rogers Elementary school district. Search Stillwater real estate on www.solidrockrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central
Fenced: Yes
Heating: Forced Air
Lot Size: 1.02 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $7,010
Year Built: 1977

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 1
Square Footage: 950

Feature Descriptions

Appliances: Microwave, Range, Oven, Dishwasher
City Flood Area: No
Electric: City
Exterior: Brick Veneer
Flood Insurance: No
Gas: Natural
Interior/Exterior: Fenced Area, Slab
Lot Dimensions: 1.02 Ac m/l
Parking Quantity: 21-30
Parking Surface: Concrete
Parking Type: Ground Level
Road Surface: Paved
Units: 24
Water: City
Zoning: Multi Family Planned Stw

Local Schools

School District: Will Rogers Elementary

Listed By / Shown By

Listed By

Agency Name: REAL ESTATE PROFESSIONALS
Agency Phone: 405-372-5151

Shown By

Agency Title: Solid Rock Realtors
Agency Phone: 918-341-7625

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Estimated Payment

$ 14,177.23 per month $12,018.06 Principal & Interest $584.17 Property Tax $1,575.00 Homeowner's Insurance

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