930290 S Highway 18 - Residential Income FOR SALE


Chandler, OK 74834
$4,500,000 USD
580-399-6379
930290 S Highway 18, Chandler, OK for Sale
$4,500,000 USD
Residential Income - FOR SALE
1/38
null | Request Cap Rate

930290 S Highway 18
Chandler, OK 74834


HIGHLIGHTS

  • Extensive opportunity for revenue including equestrian Airbnb, agritourism, horse training & boarding, RV park, and more..
  • Ideally situated between Oklahoma City (40 miles) and Tulsa (60 miles), in the rapidly growing community of Chandler.
  • Located on Highway 18, in close proximity to Route 66 and Interstate 44.

OVERVIEW

Black Star Ranch presents a unique and lucrative investment opportunity by leveraging the growing trends in agritourism and diversified income streams. With a strategic location near major cities and attractions, the ranch offers unparalleled potential for generating substantial revenue through various ventures. Diverse Potential Revenue Streams Airbnb Rentals: Potential Income: $250 per night at a 50% occupancy rate. Monthly Revenue: ~$7,500. Annual Revenue: ~$90,000. Horse Training and Boarding: Horse Training: $900 per month per horse; space for two horses. Monthly Revenue: ~$1,800. Annual Revenue: ~$21,600. Full Care Boarding: $650 per horse for six horses. Monthly Revenue: ~$3,900. Annual Revenue: ~$46,800. Pasture Boarding: $300 per horse for 20 horses. Monthly Revenue: ~$6,000. Annual Revenue: ~$72,000. Cattle: Annual Revenue: ~$10,000. Cabin/Bunkhouse Rental: Monthly Rent: ~$650. Annual Revenue: ~$7,800. Guided Horseback Riding: Rate: $45 per hour per person. Monthly Revenue: Variable based on demand. Guided Ranch Tours: Additional Revenue: Depends on frequency and group sizes. Wedding Venues: Rate: $2,000 to $3,000+ per event. Annual Revenue: Dependent on the number of events hosted. Photography Rentals: Rate: $300 to $500+ for a two-hour session. Additional Revenue: Variable. Solar Farming Leasing: Supplementary Revenue: Potential for significant income based on lease agreements. Shooting Range and ATV Trail Riding: Revenue: Attracts outdoor enthusiasts and provides a unique recreational activity. Hunting Leases: Additional Revenue: Leveraging proximity to Ducks Unlimited. Strategic Location Proximity to Major Cities: Oklahoma City: 30 minutes. Tulsa: 45 minutes. Shawnee: 20 minutes. Accessibility: 2.5 miles off Route 66. 4.2 miles from Turner Turnpike. Nearby Attractions: Ducks Unlimited: 4 minutes. Chandler Golf Course: 15 minutes. Ioway Casino, Hotel, and Resort: 9 minutes. Black Hawk Casino: 20 minutes. Grand Casino: 30 minutes. Bell Cow Lake Equestrian Trails: 8 miles. Chandler Municipal Airport: 7 miles (4,000 feet runway). Additional Property Features 3200 sq ft commercial building. Entrance 1/8 mile off highway. 2 RV hookups for employees/tenants. 800 amp single-phase electric through OG&E. City water and internet. Current commercial revenue: $57,600 per year from a 5-year NNN lease. Black Star Ranch offers an exceptional opportunity for investors to capitalize on the growing agritourism market and diversified income streams. With its strategic location, unique features, and multiple revenue-generating activities, the ranch is poised to become a highly profitable venture. Don't miss out on this extraordinary investment opportunity. Contact us today to learn more about the potential of Black Star Ranch!

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$948 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Chandler Ranch with Equine Airbnb

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

94.54 AC

LAND SF

4,118,162 SF

ZONING

Residential/Agriculture

APN/PARCEL ID

00002814N04E200100,00002814N04E200400

ASK ABOUT THIS PROPERTY

Heston BushChinowth & Cohen RealtorsMore Info
580-399-6379

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Heston BushChinowth & Cohen RealtorsMore Info
580-399-6379

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