10603 US Highway 59 - Self-Storage Facilities FOR SALE


Grove, OK 74344
$1,200,000 USD
918-964-9799
10603 US Highway 59, Grove, OK for Sale
$1,200,000 USD
Self-Storage Facilities - FOR SALE
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null | Request Cap Rate

10603 US Highway 59
Grove, OK 74344


OVERVIEW

Take Advantage of a Rare Investment Opportunity! The historic 35 Unit Outrigger Motel w-83 income producing storage units is located just South of Sailboat Bridge. The project offers significant potential for redevelopment or revitalization. Each unit provides a blank canvas for future upgrades. The Motel rooms are currently gutted by fire damage. The Main Building features a functional kitchen, suitable for a restaurant with its versatile space along w-an indoor pool & retractable roof. Also included are 83 Mini Storage Units of varying size for Steady Passive Income. Bring your vision to life w-this property & explore its potential for long-term profitability in this growing lake community. This property has been a staple of fishermen visiting the area for years-Near Wolf Creek.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,875 SF

ZONING

C-3

APN/PARCEL ID

210038797

ASK ABOUT THIS PROPERTY

Teresa PoindexterRE/MAX Grand LakeMore Info
918-964-9799

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Teresa PoindexterRE/MAX Grand LakeMore Info
918-964-9799

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.