64487 E 254 N/A, Grove, OK 74344

$1,300,000

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List Price
$1,300,000
Price Change
▲ $300,000 1784235422
MLS#
2630752
Status
ACTIVE
Type
Multifamily
Sub Type
Business
Lot Size
173,804
Acres
3.99

Property Description

King Point Resort - Turnkey Investment Opportunity Discover the potential of King Point Resort, a unique income-producing property offering multiple revenue streams in a beautiful setting on 188 ft. of waterfront with a fishing dock, boat, and slip. The resort features 20 RV sites, including 10 meters with 50/30-amp electric service, along with RW, 3 gas meters, and 6 septic systems already in place. There are currently 5 month-to-month tenants, providing immediate rental income. The owner currently pays all utilities. Accommodations include two fully furnished cabins, both operating as Airbnb Superhost rentals. The Savanna Cabin comfortably sleeps four and features a full kitchen, washer, and dryer. In contrast, the second cabin sleeps two and includes a convenient kitchenette: all interior & exterior furnishings and décor stay. The 3rd cabin, waterfront, is the owners' and will be empty, but sleeps 2, and a 4th cabin that is not finished out. In addition, there is a single-wide that is renting a lot. The property also includes a rented two-story home with 3 bedrooms and 1 bathroom, updated in 2022, making it ideal as an owner's residence, a manager's home, or an additional rental opportunity. Guests and owners will appreciate the private road, private boat ramp, and full hookups. Whether you're looking to expand your investment portfolio or own a turnkey resort with room for future growth, King Point Resort is it.

Additional Information

Taxes
$2,800
Zoning
na

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Calculator source: Real Geeks

Listing courtesy of Sally Davis of Sally Davis Real Estate LLC.

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