2320 Main St Grove, OK 74344

Property Details for 2320 Main St

Year built

1983

Lot size

0.80 lot acres

Property size

2,921 SF

Property type

Commercial real estate

Description

This exceptional income-producing property located at 2320 S Main Street Unit 2320, Grove, OK, presents a unique investment opportunity. Situated on a 0.8-acre lot, this property boasts a four-plex building and a thriving RV park, all within walking distance of the marina and Grand Lake. The four-plex comprises two studio apartments and two spacious one-bedroom apartments, each commanding impressive rental rates and exhibiting a strong rental history. The current gross monthly income is nearly $9,000, demonstrating significant cash flow potential. The accompanying RV park features twelve spaces with eighteen-plus hookups, offering substantial expansion possibilities. All utilities, including sewer, are city-provided. Electrical service includes both 30-amp and 50-amp hookups, and each RV space is equipped with cable connections. The property's prime location, combined with its diverse income streams and substantial rental history, positions it for significant future appreciation. This is a rare opportunity to acquire a well-established, high-yield investment property in a desirable location. The 2,921 square foot building and the RV park present a compelling investment opportunity with strong potential for future growth. The property's proximity to Grand Lake and the marina adds to its desirability and rental appeal.