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OFF-MARKET
Specialty properties

13947 Reel Ln Madill, OK 73446

2,000 SF 323.33 ac lot
Property ID
Property summary
AI-generated overview

Bridgeview Marina and Resort, a thriving mixed-use property located in Madill, Oklahoma, on the shores of Lake Texoma, presents a unique investment opportunity. This 323.33-acre property boasts a 95% occupancy rate and includes 149 units, comprising a marina with 33 existing slips (with approved expansion rights for an additional 84 slips, totaling 117), 116 RV spots, and a 40-unit storage facility currently operating at 100% occupancy. The resort features a casual dining restaurant with indoor and outdoor seating overlooking the lake, a convenience store offering a full range of retail items, boat ramps, a gas dock, and covered slips. Amenities for guests include cabins, numerous campsites, a gazebo, a playground, and public facilities with showers. The property's prime location offers stunning sunrise and sunset views, attracting both boaters and RV enthusiasts. The existing infrastructure, combined with the approved expansion plans, presents significant potential for increased revenue and return on investment. The asking price for this value-add Class B property is $6,800,000. The property's 2,000 square feet of existing building space complements the expansive acreage and diverse offerings. The significant land holdings also allow for future expansion of both the RV park and marina facilities. This turnkey operation is ready for a new owner to capitalize on its established success and considerable growth potential.

Property profile
Verified
Property type Specialty properties
Total area 2,000 SF
Lot 323.33 ac (14,084,255 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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