16677 Us Highway 77 Springer, OK 73458
For Sale
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This exceptional 7.96-acre property in Springer, OK, presents a lucrative investment opportunity. The established Cool Breeze RV Park & Restaurant boasts 56 RV spaces with significant expansion potential, offering immediate income generation. The park features modern infrastructure, including a recently constructed keypad-operated bathhouse equipped with four showers and a tankless hot water heater. Residents enjoy excellent Wi-Fi access, a basketball court, a dog park, and ample picnic areas. The property also includes an on-site restaurant strategically located across from the local high school, making it the only restaurant in the immediate area. This unique positioning ensures a consistent customer base. The 3,600 square foot restaurant and RV park are conveniently situated just minutes from Interstate 35, midway between Oklahoma City and Dallas, providing easy access for travelers and residents alike. The property's history includes a drive-in movie cinema, and the existing movie equipment is available for purchase, offering a potential avenue for diversification and expansion. The property's established management ensures a smooth transition for the new owner, minimizing operational challenges and maximizing profitability. This turnkey operation is priced at $990,000 and offers a rare blend of established revenue streams and significant growth opportunities. The 8 acres provide ample space for future development and expansion of the existing amenities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.