22548 State Highway 49 Highway, Northwest Comanche, OK 73507
Local realty services provided by:Better Homes and Gardens Real Estate Paramount
Listed by: brandon meadows
Office: nexus realty
MLS#:1257264
Source:OK_OKC
22548 State Highway 49 Highway,Medicine Park, OK 73507
$1,800,000
- 24 Beds
- 24 Baths
- 11,132 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,800,000
- Price per sq. ft.:$161.7
About this home
AUDUBON APARTMENTS | RARE SOUTHWESTERN OKLAHOMA MULTIFAMILY INVESTMENT OPPORTUNITY
12 Units | 4 Buildings | Over 3 Acres | $1,800,000
Discover a distinctive investment opportunity near the scenic Wichita Mountains and Lake Lawtonka.
Audubon Apartments offers 12 spacious, two-bedroom, two-bathroom residences across four buildings, approximately 800–1,000 square feet each.
Situated amid mature trees and expansive grounds, this established rental property combines peaceful country living with convenient access to employment centers, recreational destinations, and everyday amenities.
PROPERTY HIGHLIGHTS
- 12 established rental residences in four buildings
- Two bedrooms and two bathrooms per apartment
- Approximately 800–1,000 square feet per residence
- Each apartment separately metered for electricity and water
- Two large garages
- Two billboard structures
- Expansive grounds with additional land offering potential for future development, subject to applicable approvals
- Existing rental income and established tenancy
EXCEPTIONAL SOUTHWESTERN OKLAHOMA LOCATION
Near Medicine Park, Lake Lawtonka, Mount Scott, the Wichita Mountains Wildlife Refuge, and Fort Sill, Audubon enjoys a setting rarely found in conventional multifamily properties.
Residents enjoy the privacy and tranquility of country living while remaining approximately 12 minutes from Lawton and 15 minutes from Elgin.
Comparable multifamily rentals are exceptionally limited near Lake Lawtonka and Medicine Park, making Audubon's acreage and location particularly distinctive.
AN ESTABLISHED INVESTMENT WITH FUTURE POTENTIAL
Audubon Apartments offers investors an existing rental community with substantial land, additional property features, and potential long-term opportunities.
Consider the expense of acquiring comparable land and recreating a development of this nature in today's market.
Offered at $1,800,000. Sold as-is. No seller financing....
Contact an agent
Home facts
- Year built:2005
- Listing ID #:1257264
- Added:5 day(s) ago
- Updated:November 13, 2026 at 02:14 PM
Rooms and interior
- Bedrooms:24
- Total bathrooms:24
- Full bathrooms:24
- Living area:11,132 sq. ft.
Structure and exterior
- Year built:2005
- Building area:11,132 sq. ft.
- Lot area:3.37 Acres
- Lot Features:Cul-De-Sac, Rural
- Architectural Style:Colonial, Mission
- Construction Materials:Brick, Brick & Frame
- Foundation Description:Slab
Schools
- High school:Elgin HS
- Middle school:Elgin MS
- Elementary school:Elgin ES
Finances and disclosures
- Price:$1,800,000
- Price per sq. ft.:$161.7
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