$2,500,000
( $129.03Per Sq Foot )
 $14,989 est/mo Sourced by Back At You

2900 W 520 Road,Pryor, OK 74361

Pryor, OK 74361

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Description

Discover a prime investment at 2900 W 520 Road, Pryor, Oklahoma: a meticulously maintained portfolio of eight duplexes (16 units) on a 4.6-acre lot, offering immediate income and future development potential. Fully Leased Units: Fifteen units leased with monthly rents from $1,375 to $1,645, ensuring a stable income stream. Profitable Short-Term Rental: One unit operates as a VRBO, generating over $32,600 in 2024, with nightly rates of $189, reaching $499 during local events. High-Quality Construction: Built in 2018, each 3-bedroom, 2-bathroom unit features granite countertops, custom cabinetry, polished concrete floors, and a one-car garage. Expansion Potential: The expansive lot allows for constructing 5 to 7 additional duplexes. Proximity to Major Employers: Adjacent to the Mayes County Industrial Park (MAIP), one of the world's largest industrial parks, driving consistent housing demand. Recreational Amenities: Near Lake Hudson's 200+ miles of shoreline, offering boating and fishing opportunities, and close to walking trails and parks. Event-Driven Income: Capitalize on increased rental demand during local events like Rocklahoma and Born & Raised festivals, with short-term rental rates reaching $499 per night. 1031 Exchange Investors: Seeking a turnkey, income-producing asset with minimal vacancies. Developers: Looking to expand and capitalize on the property's development potential. Short-Term Rental Operators: Aiming to leverage the thriving local event scene for premium rental rates. Financial Overview: Current Monthly Income: Approximately $19,000 to $21,025 from long-term leases. Annual Short-Term Rental Income: Over $32,600 from the VRBO unit. Total Annual Income: Exceeds $284,900, with potential for growth through development and optimized rental strategies. Seize this rare opportunity to acquire a high-performing asset with immediate returns and future growth potential in a thriving Oklahoma community.

Details

MLS #2443767
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year2018
Days On Site213
Listing Provided ByLakeland Real Estate NEOK | Kimm Kennon

Features

SQ Feet19,376
Garage1
Story(s)1
ZoningRes-Nec
Acreage4.61
Water FrontYes

Taxes

Property22315

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Greater Tulsa Association of REALTORS® MLS.

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Learn More About This Property

Coldwell Banker Select OKC

Coldwell Banker Select OKC

 (405) 745-8300
StateOK
CountyMayes
CityPryor
Zip Code74361
Community NameMayes Co Unplatted
School DistrictPryor - Sch Dist (M1)
Elementary SchoolPryor - Sch Dist (M1)
Middle SchoolPryor - Sch Dist (M1)
High SchoolPryor - Sch Dist (M1)
Sourced by Back At You
Listing Updated: July 6, 2025 at 11:55:25 AM PDT

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Coldwell Banker Select OKC
8100 N. May Ave
Oklahoma City, OK 73120
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Greater Tulsa Association of REALTORS® MLS.
Copyright 2025 MLSOK, Inc. We do not attempt to verify the currency, completeness, accuracy, or authenticity of the data contained herein. Information is subject to transcription and transmission errors and is provided “as is”. All information, including but not limited to property square footage and lot size, zoning, and fitness for a particular purpose is subject to inaccuracies and should be independently verified through personal inspection and/or consultation with appropriate professionals. The listing information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective purchasers. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLSOK, Inc. 
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northeast Oklahoma Board of REALTORS.
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