1957 Rodeo Rd Durant, OK 74701
This newly constructed Durant, OK RV park sits on five acres of flat land, just eight minutes east of the Choctaw Casino. Currently featuring ten RV sites, each equipped with water, sewer, 30/50 amp, and 120v electrical hookups, the park boasts significant expansion potential. The existing electrical infrastructure is already in place for future growth. A substantial cost savings is realized through the property's own 180-foot deep water well, yielding 50 feet of water. Rural water is also available through Bryan County Water District #5, up to two meters. The park utilizes an aerobic septic system servicing the ten current sites, with capacity for expansion. The property is situated in a peaceful, private country setting on a paved road slated for repaving by Bryan County. Partial fencing is in place. Given the high demand (three-year waitlist) for RV park development in Bryan County, this property presents a unique investment opportunity. The seller may consider financing with a substantial down payment. Current site rentals in the area range from $350 to $600 per month. The property offers flexibility for various uses, including expansion of the RV park, development into a tiny home village, or Airbnb rentals.
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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No recorded transactions found for this property.
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Risks
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