14 Old Us Highway 270 McAlester, OK 74501
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.