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!
Lot Features Neighborhood, Outside City Limits, Rural Lot
Lot Size Acres 4.9
Utilities Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
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Date
Event
Price
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Current Price Source: Multiple Listing Service
New Value: $499,500
12/2/2022 4:39:00 AM
New in Database Source: Multiple Listing Service
New Value: $499,500
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* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.