Quick Info
| Date added: 04/07/26 | MLS #: 134078 | Post Updated: 2026-04-07 09:24:16 | Type: Other |
| Status: Active | 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 â Fully Renovated Condominium Portfolio. Welcome to 701 Highpoint Driveâan exceptional, turnkey investment opportunity in one of Stillwaterâs 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 todayâs 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 âlike-newâ construction throughout. Location is unmatchedâjust 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 Other style property is located in Stillwater is currently MULTI-FAMILY 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.