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ATTENTION INVESTORS! 4.89+/- acres, 2 ponds, 11 unit, 2,806 square feet Motel/Apartment complex built in 2005, and 18 unit RV/Mobile Home campground, and commercial frontage on US Highway 271. This property is just outside of Spiro city limit with little competition in its local market.

Once fully developed with additional rent-able- water and sewer lines in place, annual gross income potential is over $300K. A great investment opportunity!

Offered By:Fort Smith Real Estate Company

Date Added: 12/1/22 at 6:00 am
Last Update: 2/17/24 at 12:47 am

Interior

  • AppliancesElectric Water Heater
  • LaundryElectric Dryer Hookup
  • FlooringCarpet, Laminate
  • FireplaceFireplaces: 0
  • BasementNone
  • A/Ctrue, Electric
  • Heatingtrue, Central, Electric
  • Disability FeatureAccessible Approach with Ramp

Exterior

  • GeneralGravel Driveway
  • PoolNone
  • ParkingAssigned

Construction

  • RoofingArchitectural, Shingle
  • GeneralAluminum Siding, Brick, Slab

Location

  • Road/AccessMain Thoroughfare
  • Originating MLSFSM
  • School DistrictPoteau
  • CountyLeflore

Lot

  • ZoningSee attachment, 0000-22-09 N-25 E-0-080-00
  • FencingFenced, Privacy, Wood
  • TopographyCleared
  • ViewView

Utilities

  • UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • WaterPublic
  • SewerNot Connected (nearby), Public Sewer

Financial

  • SourceFSM
  • Buyers Agent Compensation2.5
  • NA Compensation$25.00

Listing History

  • 05/23/2023Active
  • 05/20/2023$499,500 @ $45 per ft² 26.00%
  • 01/12/2023$675,000 @ $61 per ft² 19.16%
  • 12/08/2022$835,000 @ $76 per ft² 23.70%
  • 12/02/2022Active
  • 12/02/2022$675,000 @ $61 per ft²

Schools

  • DistrictSpiro Public Schools