Building Details

Year Built 2005

Listing Agency: Fort Smith Real Estate Company

Listed By: Seth Hutson · License #AR SA00089380 Show Phone

Source: Crexi

Added: Apr 11 Changed: Sep 2 Last Checked: Sep 1 at 5:48AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fort Smith Real Estate Company

Investment Insights

Based on property information with market context.

This 4.89+/- acre property combines a motel/apartment complex and an RV/mobile home campground. The motel/apartment portion was built in 2005 and includes 11 units totaling 2,806 square feet, with two ponds on the site. The campground component provides 6 units, with the ability to expand to 34 units.

The property has commercial frontage on US Highway 271 and is located just outside the Spiro city limit. Public remarks also note that fully developing additional rentable water and sewer lines is expected to increase annual gross income potential to over $300K.

Key Highlights

• 4.89+/- acre property with two ponds, including a motel/apartment complex
• Motel/apartment complex built in 2005 with 11 units and 2,806 SF
• Includes 6 (can be 34) unit RV/mobile home campground

Property Analytics

Current Use

Motels

Suggested Use

Top Pick Building Supply Auto Repair Shop Grocery & Convenience Store Food Market Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11

Residential units

Turnkey business

Opportunity

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

16

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 74959, OK

6,226

Population

2,771

Households

2.2

Avg Household Size

44

Median Age

12%

College-Educated

82%

High-School Grad

92.6 sq mi

ZIP Area

67

Density / Sq Mi

$53,622

Median Household Income

$35,417

Median Earnings

$809

Median Rent

$99,700

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this motels located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Retail Building with Highway Frontage

19416 Hwy. 271, Spiro, OK 74959

$310,000

2,100 SF

View details

Mobile Home and RV Park

22192 US Hwy 271, Spiro, OK 74959

$675,000

2,808 SF

View details

Mobile Home & RV Park with Motel

22192 US Hwy 271, Spiro, OK 74959

$675,000

2,808 SF

View details

Retail Building with Garage Access

19416 Hwy. 271, Spiro, OK 74959

$310,000

2,100 SF

View details

Auto Shop with Impound Yard

1000 W Broadway AVE, Spiro, OK 74959

$174,900

1,840 SF

View details

Flexible Office Building

1007 E East Broadway, Spiro, OK 74959

$215,000

3,600 SF

View details

New Convenience Retail Building

1811 E Broadway, Spiro, OK 74959

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Motel - Motel/apartment complex built in 2005 plus an RV/mobile home campground on 4.89 acres with two ponds.

Where is this motel located?

The property is located at 185620 179th Ave Spiro, OK.

What are key features of this property?

This property features: 4.89+/- acre property with two ponds, including a motel/apartment complex; Motel/apartment complex built in 2005 with 11 units and 2,806 SF; Includes 6 (can be 34) unit RV/mobile home campground