Income-Producing Hospitality Investment Near Lake
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141 Whippoorwill, Mead, OK 73449
Turnkey multi-unit hospitality property with diversified income streams near Lake Texoma.
Property SizeContact for details
Lot Size7.60 Acres
Days on Market199
Property Features for 141 Whippoorwill
General Information
Standard status
Active
Class
C
Lot size
7.60 Acres
Property subtype
Land, Mixed Use, Mobile Home Park
Occupancy
95%
Investment Type
Owner/User
Building Details
Buildings
8
Units
17
Listing Agency:
Keller Williams Atoka
(580) 239-2689
Listed By:
Kim Delagarza · License #157703
Source:
Crexi
Added: Feb 4
Changed: Aug 10
Last Checked: Aug 21 at 8:12PM
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 Keller Williams Atoka
Investment Insights
Based on property information with market context.
This income-producing investment property is situated on approximately 7 acres near Lake Texoma. Its strategic location caters to family vacations, fishing and golf tournaments, reunions, casino events, and construction workers needing short-term lodging, generating strong rental demand. The property features 6 cabins of various sizes, a 10-unit extended-stay motel built in 2021, a laundromat with 2 washers and 2 dryers expandable to 3, 3 mobile homes of different sizes, and 3 tiny homes built in 2024. All units are fully furnished and equipped with induction cooktops, cookware, plates, and other appliances. Located between Durant and Kingston, the property is a quarter mile off Highway 70, minutes from Lake Texoma, Johnson Creek State Park, Willow Springs Marina, and Catfish Bay. It is less than 3 miles from the upcoming Pointe Vista development in Kingston and 10-12 minutes from Choctaw Casino & Resort in Durant. The property is also conveniently located near the Texas border and the Sherman TI corridor, less than 1 mile from the $127 million Roosevelt Bridge construction project starting in March 2026, and near the $6 billion Preston Harbor (Margaritaville Resort). Current operations benefit from consistent demand from construction crews and contract workers, with daily, weekly, and monthly stays providing a stable baseline income. The business has been operating since 2014, with the current owner adding extended-stay units, tiny homes, and induction cooktops to all cabins in 2021. Utilities include OG&E electric, Bryan County water, and an aerobic septic system. The partially cleared vacant land offers expansion potential for an RV park, more cabins, rental units, or another extended stay. A current survey includes 7.6 acres. A Hard Rock Hotel and Residences Lake Texoma (2000 homes) project is planned for Kingston, OK, as part of the Pointe Vista development on Lake Texoma, featuring a hotel, convention center, waterpark, casino, and golf.
Key Highlights
- Excellent income‑producing investment property with diversified income streams.
- Strategic location near Lake Texoma, Choctaw Casino, and the upcoming Billion‑dollar Pointe Vista development.
- Turnkey operation with fully furnished units and appliances.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 73449, OK
2,995
Population
1,771
Households
1.7
Avg Household Size
44
Median Age
13%
College-Educated
89%
High-School Grad
36.5 sq mi
ZIP Area
82
Density / Sq Mi
$51,385
Median Household Income
$32,190
Median Earnings
$811
Median Rent
$137,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hospitality property - Turnkey multi-unit hospitality property with diversified income streams near Lake Texoma.
Where is this hospitality property located?
The property is located at 141 Whippoorwill Mead, OK.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Excellent income‑producing investment property with diversified income streams.; Strategic location near Lake Texoma, Choctaw Casino, and the upcoming Billion‑dollar Pointe Vista development.; Turnkey operation with fully furnished units and appliances.
