216 W McCurtain, Calera, OK 74730
sale
$1,399,000
|
Apartment
Courtesy Of HST & Co.
The Retreat at Calera is a newly built, fully stabilized 55+ community offering 7,453 sq ft across nine modern units designed for low-maintenance living and long-term retention. Located just minutes from Choctaw Casino and major highways, this boutique property delivers consistent demand and exceptional tenant stability. Each unit includes in-unit laundry, private parking, high-speed internet, and energy-efficient construction, while the on-site clubhouse enhances resident satisfaction and supports the community's strong occupancy performance. With a currently discounted annual NOI of $104,508 and a list price of $1,500,000, this asset offers an impressive 7% cap rate-an unheard of value for brand-new construction in a high-growth corridor. Investors benefit from a simplified operating structure with tenant-paid electric and ownership covering internet, water/sewer/trash, and landscaping, resulting in predictable expenses and reliable cash flow. Age-restricted housing continues to outperform in retention and demand, making this turnkey nine-unit community an exceptional opportunity for buyers seeking stability, modern construction, and long-term performance in a supply-constrained market. Ready to invest?!
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Property Features
- Age: 1-5 Years Old
- Amenities: Cable Ready
- Amenities: Sprinkler System
- Cooling System: Central Air
- Exterior Type: Brick
- Heating System: Central
- Legal Description: L001-00-033-006-0-000-00 - LT 6 BLK 33 CALERA
- MLSID: 2602259
- Roof Type: Built-Up
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