22548 State Highway 49 HWY, Medicine Park, OK 73507
22548 State Highway 49 HWY, Medicine Park, OK 73507
22548 State Highway 49 HWY, Medicine Park, OK 73507
22548 State Highway 49 HWY, Medicine Park, OK 73507
22548 State Highway 49 HWY, Medicine Park, OK 73507
22548 State Highway 49 HWY, Medicine Park, OK 73507
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Listed by Brandon Meadows • Nexus Realty
$ 1,800,000
Est. payment | /mo

24 Beds

24 Baths

11,132 SqFt


Save
$ 1,800,000
Est. payment | /mo
Save

24 Beds

24 Baths

11,132 SqFt

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 11,132 sqft

Price per Sqft $161

MLS Listing ID OKC1257264

Style Colonial,Mission

Bedrooms 24

Full Baths 24

Construction Status Brick,Brick & Frame

Year Built 2005

Annual Tax Amount $15,635

Lot Size 3.368 Acres

Property Sub-Type Apartment

Property Description

AUDUBON APARTMENTS | RARE SOUTHWESTERN OKLAHOMA MULTIFAMILY INVESTMENT OPPORTUNITY

12 Units | 4 Buildings | Over 3 Acres | $1,800,000

Discover a distinctive investment opportunity near the scenic Wichita Mountains and Lake Lawtonka.

Audubon Apartments offers 12 spacious, two-bedroom, two-bathroom residences across four buildings, approximately 800–1,000 square feet each.

Situated amid mature trees and expansive grounds, this established rental property combines peaceful country living with convenient access to employment centers, recreational destinations, and everyday amenities.

PROPERTY HIGHLIGHTS

- 12 established rental residences in four buildings
- Two bedrooms and two bathrooms per apartment
- Approximately 800–1,000 square feet per residence
- Each apartment separately metered for electricity and water
- Two large garages
- Two billboard structures
- Expansive grounds with additional land offering potential for future development, subject to applicable approvals
- Existing rental income and established tenancy

EXCEPTIONAL SOUTHWESTERN OKLAHOMA LOCATION

Near Medicine Park, Lake Lawtonka, Mount Scott, the Wichita Mountains Wildlife Refuge, and Fort Sill, Audubon enjoys a setting rarely found in conventional multifamily properties.

Residents enjoy the privacy and tranquility of country living while remaining approximately 12 minutes from Lawton and 15 minutes from Elgin.

Comparable multifamily rentals are exceptionally limited near Lake Lawtonka and Medicine Park, making Audubon's acreage and location particularly distinctive.

AN ESTABLISHED INVESTMENT WITH FUTURE POTENTIAL

Audubon Apartments offers investors an existing rental community with substantial land, additional property features, and potential long-term opportunities.

Consider the expense of acquiring comparable land and recreating a development of this nature in today's market.

Offered at $1,800,000. Sold as-is. No seller financing.

Location

State OK

County Comanche

Interior

Fireplace N

Exterior

Roof Type Shingle

Building

Lot Description Cul-De-Sac, Rural

Story 2

Foundation Slab

Architectural Style Colonial, Mission

Structure Type Brick,Brick & Frame

Construction Status Brick,Brick & Frame

Schools

Elementary Schools Elgin Es

Middle Schools Elgin Ms

High Schools Elgin Hs

School District Elgin

Multiple Listing Service of Oklahoma (MLSOK)

Nearby Locations

Jessica Rolen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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22548 State Highway 49 HWY