USAOKStillwaterHigh Point Addi701 W Highpoint Dr

$5,400,000

For Sale

22 days ago

701 W Highpoint Dr, Stillwater, OK

Name: 701 W Highpoint Dr, For Sale in Stillwater - eXp Realty
Brand: REAL ESTATE PROFESSIONALS
SKU: 134078
Price: 5400000 USD

House

MLS® 134078

0 Bed

0 Bath

22218 sqft

21 Parking

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 22218 sqft

Garage

Taxes $7,011

Days Active 21

Lot Size

Approx. Age 1977

Avg. Price Per Sqft $243

MLS® Number 134078

Property Address: 701 W Highpoint Dr, Stillwater, OK, 74075-1529

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

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 wood 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. PNL available with pre-approval

MLS® Number134078

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1977

Basement

DrivewayGround Level, Parking Lot, Parking Spaces

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 7, 2026List Date

$5,400,000List Price

-End Date

Not Sold YetSold Price

For Sale

Jan 14, 2026List Date

$1,500List Price

Commute

Commute

Starting Address

Destination Address

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