22192 US Hwy 271 - Hospitality FOR SALE


Spiro, OK 74959
$899,000 USD
407-453-3415
22192 US Hwy 271, Spiro, OK for Sale
$899,000 USD
Hospitality - FOR SALE
1/27
null | 15% Cap Rate

22192 US Hwy 271
Spiro, OK 74959


HIGHLIGHTS

  • Seller Finance is available for qualified buyers
  • 25-30% Down payment with 9% int. per year
  • Income producing property & opportunity to developments

OVERVIEW

Description This exceptional 5-acre property presents a unique investment opportunity, Discover a unique opportunity with, * 11 cozy motel rooms, *18 spacious RV pads, *11 comfortable mobile homes, and *two extra rental units, accommodating a total of 42 tenants. Embrace a vibrant community and enjoy quality living options all in one place! This property can potentially add 10 more mobile homes to maximize revenue. Currently underperforming due to absentee ownership, it is waiting for an enthusiastic owner to unlock its full potential. Equipped with a lagoon sewage system, which the owner maintains, this property requires some maintenance and upgrades, making it a perfect project for the right buyer. You can elevate the property’s value and operational efficiency with minimal effort. This is an ideal chance for first-time owners or seasoned investors looking to capitalize on a promising venture. The motivated seller is open to offering seller financing with a 25-30% down payment over a 3-5 year term. Monthly rental income could soar up to $24,000, allowing the new owner to net between $12,000 and $16,000 after expenses. Don’t miss out on this incredible opportunity! For inquiries or further information, contact the Vip Commercial Team at 407-453–3415 or email us at vipcommercialteamfl@gmail.com or go to the website at vippropertywholesaler.com Investment Highlights This is a prime opportunity for business expansion with solid cash flow! - Enjoy an impressive 15.5% CAP rate. - Immediate occupancy is guaranteed. - Seller financing is available for qualified buyers. - The seller is highly motivated to close the deal. - Secure ownership of a 5-acre property with just a small down payment. - Benefit from minimal maintenance expenses. Don’t miss out on this incredible investment opportunity!

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$320 USD /SF

# OF ROOMS

10

PRICE/ROOM

$89,900 {currency}

CAP RATE

15%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

All Seasons Motel

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

undefined, undefined, undefined

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

2005

PARKING SPACES

16

LAND DETAILS

LAND ACRES

4.9 AC

LAND SF

213,444 SF

ZONING

R1

APN/PARCEL ID

0000-22-09N-25E-0-027-00

ASK ABOUT THIS PROPERTY

Vipin ShahJP Capital Solutions LLCMore Info
407-453-3415

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Vipin ShahJP Capital Solutions LLCMore Info
407-453-3415

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