45051 W 51st St S - Hospitality FOR SALE


Jennings, OK 74038
$885,000 USD
917-698-0048
45051 W 51st St S, Jennings, OK for Sale
$885,000 USD
Hospitality - FOR SALE
1/1
null | 10.73% Cap Rate

45051 W 51st St S
Jennings, OK 74038


HIGHLIGHTS

  • ~17.8 acres of land
  • 4 vacation cabins provide strong income
  • Land approved for 6 cabins for additional income potential
  • 0.5 acre deep pond on the property

OVERVIEW

Established luxury Airbnb vacation home business for sale! The site is near Keystone lake 35 mins from Tulsa and 70 minutes from OKC, close to highway and state parks. This sale includes ~17.8 Acre land and 4 vacation cabins (each with deck, fire pit, 4-person SPA, all furniture, appliances). There’s a close to 0.5 acre deep pond on the property that can be used as fishing grounds for customers. This lot is partially wooded and partially clear. A minor public well was in place that can serve up to 12 people(two more cabins). Two new aerobic systems. One 20' storage container. The business was founded in 2022 and has stable income every month with lots of growth potentials. There is 1400ft of solid gravel road across the property. Address will be disclosed once proof of fund is received. The land was also approved to have 6 cabins and further application can be done to add even more cabins.

FOR SALE DETAILS

PRICE

$885,000 USD

PRICE/SF

$224 USD /SF

# OF ROOMS

4

PRICE/ROOM

$221,250 {currency}

CAP RATE

10.73%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lazy Spring Farm

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

2001

PARKING SPACES

11

LAND DETAILS

LAND ACRES

2.06 AC

LAND SF

89,734 SF

ZONING

-

APN/PARCEL ID

0000-30-019-008-0-015-01

ASK ABOUT THIS PROPERTY

Geng ZhouOK 1501 LLCMore Info
917-698-0048

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

Geng ZhouOK 1501 LLCMore Info
917-698-0048

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