Current Use by Public Records
- Land
Property Details for 14 Old Us Highway 270
- Lot size
- 5.00 lot acres
- Property type
- Land
- Property subtype
- Apartment buildings
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- McAlester
- County
- Pittsburg
- State
- Oklahoma
- Longitude
- -95.6043
- Latitude
- 34.8795
