701 W Highpoint Drive, Stillwater, OK 74075-0000
Local realty services provided by:Better Homes and Gardens Real Estate Paramount
701 W Highpoint Drive,Stillwater, OK 74075-0000
$5,400,000
- - Beds
- - Baths
- 22,218 sq. ft.
- Multi-family
- Active
Listed by: tiffany aranda, amy parsons
Office: real estate professionals
MLS#:134078
Source:OK_SBR
Price summary
- Price:$5,400,000
- Price per sq. ft.:$243.05
About this home
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...
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Home facts
- Year built:1977
- Listing ID #:134078
- Added:3 day(s) ago
- Updated:April 11, 2026 at 02:46 PM
Rooms and interior
- Kitchen Description:Dishwasher, Microwave, Oven, Range
- Living area:22,218 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1977
- Building area:22,218 sq. ft.
- Lot area:1.02 Acres
- Construction Materials:Brick Veneer
- Exterior Features:Fenced Area
- Levels:2 Story
Utilities
- Water:City
Finances and disclosures
- Price:$5,400,000
- Price per sq. ft.:$243.05
- Tax amount:$7,011
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