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    16677 Us-77 Springer, OK 73458

    For Sale
    $799,000

    Profitable OK RV Park & Restaurant

    Property size:
    1,920 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional mixed-use property in Springer, Oklahoma, presents a lucrative investment opportunity. Located on 7.96 acres at 16677 US Highway 77, this 2019-built complex combines a thriving RV park with an established restaurant. The RV park boasts 56 spaces, modern infrastructure including a keypad-operated bathhouse with four showers and tankless hot water heaters, excellent Wi-Fi, a basketball court, and a dog park. Ample expansion potential exists on the remaining acreage. The restaurant, conveniently situated across from the local high school, enjoys a unique market position as the only eatery in the immediate area. The property's history includes a drive-in movie cinema, and the equipment is available for purchase, offering a potential avenue for diversification and additional revenue streams. The total square footage ranges from 1,920 to 3,600 square feet, with an asking price of $799,000 ($221 per square foot). This turnkey investment offers established management and is conveniently located minutes from I-35, midway between Oklahoma City and Dallas, ensuring easy access and high visibility. The property's diverse offerings and strategic location make it an ideal investment for a discerning buyer seeking strong returns and multiple income streams. The property is zoned for mixed-use and offers significant potential for future development and expansion.

    Property Features for 16677 Us-77

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,920 SF
    Lot Size
    346,738 SF

    Building Details

    Year Built
    2019

    HighLights

    • 346,738 square feet total leasable area.
    • 3,600 square foot space available in Courthouse location.
    • 2,900 square foot space available in Courthouse location.
    • 1,920 square foot space available in Courthouse location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Springer
    County
    Carter
    State
    Oklahoma
    Longitude
    -97.144551
    Latitude
    34.3126752

    Nearby Comparable

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      Springer RV Park & Restaurant

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    Nearby Similar for Sale

    • $990,000
      3,600 SF

      Springer RV Park & Restaurant

      Profitable Turnkey RV Resort Investment
      16677 Us Highway 77, Springer, OK 73458
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Profitable OK RV Park & Restaurant
    Where is this multifamily property located?
    The property is located at 16677 Us-77 Springer, OK.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: 346,738 square feet total leasable area.; 3,600 square foot space available in Courthouse location.; 2,900 square foot space available in Courthouse location.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16677 Us-77 Springer, OK 73458
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