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Listed price in listed location currency (USD).
$1,499,000

000

MLS® 2602259

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size 7453 sqft
Garage No
HOA Fees 
Taxes $129
Days Active 1
Approx. Age 2025
Avg. Price Per Sqft $201
MLS® Number 2602259

Property Address: 216 W Mccurtain Ave, Calera, OK, 74730-1618

Average square foot calculated using Size range provided by listing agent.

Description

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?!
MLS® Number2602259
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2025
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 21, 2026List Date
$1,499,000List Price
  • Commute

Commute

Starting Address
Destination Address
216 W Mccurtain Ave, Calera, OK

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