For Sale
$400,000

14 Old Us Highway 270 McAlester, OK 74501

Prime Hwy 270 RV Park Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a newer mobile home park situated on 5 acres of land along US Hwy 270 East in McAlester, Oklahoma, on the site of the former Dow Store. Currently featuring six available spaces with ample room for expansion, the park boasts three occupied units, each generating $360 in monthly rent. The seller is responsible for all utilities. The property's strategic location offers significant potential for growth, with the existing septic system capable of supporting up to ten units. This is a developing property; the current owners plan to continue expanding the park until its sale. The asking price is $400,000. This represents a unique chance to acquire a profitable, established business with considerable upside potential in a high-traffic area. The property's existing infrastructure and capacity for expansion make it an attractive investment for those seeking a turnkey operation or a project with significant growth potential. The property is classified as multifamily and commercial, and is further categorized as a duplex/triplex/quadruplex. The property's address is 14 Old US Hwy 270, McAlester, OK 74501.

Highlights

  • $400,000 asking price.
  • Multifamily property with commercial potential; 5-acre lot.
  • Located on US Hwy 270 East in McAlester, OK.
  • Currently features 3 occupied spaces with 6 available, potential for expansion.
  • $360/month rent per space; seller pays utilities.
  • Septic system capacity for 10 units.

Property Details for 14 Old Us Highway 270

Property type
Land, Apartment buildings
Lot Size (sq. ft)
217,800 SF

Location Insight

City
McAlester
County
Pittsburg
State
Oklahoma
Latitude
34.8795306
Longitude
-95.6042824

FAQs

What type of property is this?
Land - Prime Hwy 270 RV Park Investment Opportunity
Where is the land located?
The property is located at 14 Old Us Highway 270 McAlester, OK.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: $400,000 asking price.; Multifamily property with commercial potential; 5-acre lot.; Located on US Hwy 270 East in McAlester, OK.
How can I contact the broker?
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14 Old Us Highway 270
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