Listed by: Khoi Nguyen from Fort Smith Real Estate Company
ATTENTION INVESTORS! 4.89+/- acres, 2 ponds, 11 unit, 2,806 square feet Motel/Apartment complex built in 2005, and 18 unit RV/Mobile Home campground, and commercial frontage on US Highway 271. This property is just outside of Spiro city limit with little competition in its local market.
Once fully developed with additional rent-able- water and sewer lines in place, annual gross income potential is over $300K. A great investment opportunity!
© 2024 Fort Smith MLS (FSMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of FSMLS. Real estate listings held by IDX Brokerage firms other than Fort Smith Real Estate Company are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: Friday, December 6th, 2024 at 10:18:05 AM.
Data services provided by IDX Broker
| Price: | $$499,500 USD |
| Address: | 185620 179th Avenue |
| City: | Spiro |
| County: | Leflore |
| State: | Oklahoma |
| Zip Code: | 74959 |
| MLS: | 1062224 |
| Year Built: | 1995 |
| Acres: | 4.9 |
| Lot Square Feet: | 4.9 acres |
| roof: | Architectural, Shingle |
| taxLot: | N/a |
| cooling: | Electric |
| flooring: | Carpet, Laminate |
| taxBlock: | N/A |
| coolingYN: | yes |
| mlsStatus: | Active |
| utilities: | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available |
| appliances: | Electric Water Heater |
| basementYN: | no |
| directions: | See Google map |
| livingArea: | 10992 |
| permission: | IDX |
| postalCity: | Spiro |
| grossIncome: | 336600 |
| lotFeatures: | Business Park, Central Business District, Cul-De-Sac, Neighborhood, Outside City Limits, Rural Lot |
| lotSizeArea: | 4.9 |
| possibleUse: | Hotel/Motel, Other |
| waterSource: | Public |
| lotSizeUnits: | Acres |
| otherEquipment: | Satellite Dish |
| humanModifiedYN: | no |
| parkingFeatures: | Assigned |
| taxAnnualAmount: | 1405 |
| livingAreaSource: | Public Records |
| operatingExpense: | 50280 |
| roadFrontageType: | Main Thoroughfare |
| foundationDetails: | Slab |
| lotSizeDimensions: | 4.91 acres |
| newConstructionYN: | no |
| zoningDescription: | Commercial |
| buildingAreaSource: | Public Records |
| constructionMaterials: | Aluminum Siding, Brick |
| numberOfUnitsInCommunity: | 45 |
| specialListingConditions: | None |
| propertySubTypeAdditional: | Hotel/Motel |
