14683 Ok-44A Lone Wolf, OK 73655
This unique investment opportunity encompasses a sprawling 793,489 square foot property situated on 20.7 acres in Lone Wolf, Oklahoma. Built in 1958, this property boasts a rich history as the relocated Craterville Amusement Park, now rebranded as "The Wind and Stone Venue and Fun Park." The park features a variety of classic amusement park rides, including a rare, operational Roll-O-Plane. A newly installed (2023) snow cone and snack shack complements the existing attractions. The property also includes a thriving convenience store, recently expanded to include a coffee bar and soda fountain, serving as a vital resource for nearby Quartz Mountain State Park visitors. A water slide, while currently not operational, presents a potential revenue stream after minor improvements. A motocross track and stadium, formerly Quartz Mountain Speedway, offer additional recreational possibilities. The expansive 15,000 square foot event center with a commercial kitchen and lodging capabilities hosts various events, from weddings to conventions. A 4,000 square foot concrete bunkhouse/storm shelter provides additional lodging and safety. Eight RV hookups are available on-site. The property benefits from a NextLink cellular tower providing 5G internet access. This turnkey operation offers a blend of established revenue streams and significant growth potential, capitalizing on the tourism generated by the nearby state park and lake. The asking price is $1,250,000. This property presents a rare chance to acquire a well-established, multifaceted entertainment and hospitality business in a picturesque Oklahoma setting.
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
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