701 W Highpoint Drive

701 Highpoint Stillwater OK 74075-0000
$ 5,400,000.00

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Quick Info

Date added: 04/07/26 MLS #: 134078 Post Updated: 2026-04-07 09:24:16 Type:
Status: County: Payne Zoning: Multi Family Planned Stw Acres # of: 1.02
Sale/Rent: For Sale Buildings # of: 3 Units # of: 24 RENT: Written Lease

Description

Premier Investment Opportunity – Fully Renovated Condominium Portfolio. Welcome to 701 Highpoint Drive—an exceptional, turnkey investment opportunity in one of Stillwater’s 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 today’s lifestyle. Completely renovated in late 2025, every unit showcases high-quality, contemporary upgrades including: Brand-new windows and HVAC systems. Durable LVT 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.

View on map / Neighborhood

  • Directions: From McElroy & N Boomer Rd, North to Highpoint Dr. (Before Boomer Lake)

Property Features

  • Parking Type: Ground Level
  • Parking Quantity: 21-30
  • Parking Surface: Concrete
  • Levels: 2
  • EXTERIOR: Brick Veneer
  • LAUNDRY/STORAGE: Washer/Dryer Hookup
  • Roof: Composition
  • STREET SURFACE: Paved
  • ELECTRIC: City
  • GAS: Natural
  • WATER: City
  • SEWER: City
  • HEATING: Forced Air
  • COOLING: Central
  • APPLIANCES: Microwave,Range,Oven,Dishwasher
  • INT/EXT FEATURES: Fenced Area,Slab

Fees & Taxes

  • Taxes$: $ 7,010.61
  • Tax Year: 2025

Miscellaneous

  • Flood Insurance: $ 0.00
  • School: Will Rogers Elementary
  • Subdivision: High Point Addi
  • Office Name: REAL ESTATE PROFESSIONALS

This style property is located in Stillwater is currently and has been listed on ARC Realty OK. This property is listed at $ 5,400,000.00. It has bedrooms, bathrooms, and is . The property was built in year.

Learn more about this property

Agent Photo

Cheryl Martin

Broker/Owner & Listing Specialist