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Two-Unit Short-Term Rental Property

19419 Dripping Springs Lake Road, Okmulgee, OK 74447

For Sale
$425,000

The sale includes two furnished rental homes, the operating business, and 2.5 acres of land.

Property Size800 SF
Lot Size2.50 Acres
Price / SF$531.25
Days on Market112

Property Features for 19419 Dripping Springs Lake Road

General Information

Standard status Active
Size 800 SF
Lot size 2.50 Acres
Property subtype Commercial
Zoning rural res

Additional Details

Furnished Yes
Business Included Yes
Multifamily Units 2
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $83

Amenities

private decks
private hot tubs
fire pit
washer/dryer
full kitchens
Hot Tub/Spa
Kitchenette
See Remarks
Vaulted Ceiling(s)
Window Treatments
Ceiling Fan(s)
Landscaping
Lighting

Building Details

Building Size 800 SF
Year Built 2023
Buildings 2
Listing Agency: Farley Realty, LLC
Listed By: Valorie Farley · License OK #146329
Source: 1oakok
Added: Jul 21 Changed: Nov 7 Last Checked: Nov 9 at 1:03PM

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 Farley Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 2023, the property includes two tiny homes, each just under 400 square feet, on 2.5 acres. Both have a master bedroom with a queen bed, washer and dryer, full kitchen with dishwasher, private deck, television, dining table, and hot tub. One home also has a loft bedroom with an additional queen bed and a separate hangout area. The sale includes the rental business, equipment, website, security features, and established operating process.

Okmulgee Lake and Dripping Springs Lake are each 1.5 miles away. The property is zoned rural residential, and the listing notes room to add two more homes.

Key Highlights

  • Two rental homes on 2.5 acres; each is just under 400 square feet
  • Built in 2023
  • Each home includes a full kitchen, washer and dryer, private deck, and hot tub

Property Analytics

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

Demographics for 74447, OK

15,534
Population
7,295
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
231.8 sq mi
ZIP Area
67
Density / Sq Mi
$45,855
Median Household Income
$30,851
Median Earnings
$801
Median Rent
$101,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - The sale includes two furnished rental homes, the operating business, and 2.5 acres of land.
Where is this short term rental property located?
The property is located at 19419 Dripping Springs Lake Road Okmulgee, OK.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two rental homes on 2.5 acres; each is just under 400 square feet; Built in 2023; Each home includes a full kitchen, washer and dryer, private deck, and hot tub
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