For Sale
$469,900

2320 Main St Grove, OK 74344

High-Yield Grove Property, Excellent ROI

Overview

Added:
Feb 3
Days on market:
80
This exceptional income-producing property located at 2320 S Main Street Unit 2320, Grove, OK, presents a unique investment opportunity. Situated on a 0.8-acre lot, this property boasts a four-plex building and a thriving RV park, all within walking distance of the marina and Grand Lake. The four-plex comprises two studio apartments and two spacious one-bedroom apartments, each commanding impressive rental rates and exhibiting a strong rental history. The current gross monthly income is nearly $9,000, demonstrating significant cash flow potential. The accompanying RV park features twelve spaces with eighteen-plus hookups, offering substantial expansion possibilities. All utilities, including sewer, are city-provided. Electrical service includes both 30-amp and 50-amp hookups, and each RV space is equipped with cable connections. The property's prime location, combined with its diverse income streams and substantial rental history, positions it for significant future appreciation. This is a rare opportunity to acquire a well-established, high-yield investment property in a desirable location. The 2,921 square foot building and the RV park present a compelling investment opportunity with strong potential for future growth. The property's proximity to Grand Lake and the marina adds to its desirability and rental appeal.

Property Details for 2320 Main St

Property type
Commercial real estate
Square Feet
2,921 SF
Year Built
1983
Lot Size (sq. ft)
34,848 SF

Location Insight

City
Grove
County
Delaware
State
Oklahoma
Latitude
36.57228
Longitude
-94.77221

FAQs

What type of property is this?
Commercial real estate - High-Yield Grove Property, Excellent ROI
Where is the commercial real estate located?
The property is located at 2320 Main St Grove, OK.
What is the asking price?
The asking price for this property is $469,900.
How can I contact the broker?
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2320 Main St
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