64487 E 254 Loop, Grove, OK 74344

$950,000
3
BD
1
BA
1,500
SqFt

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List Price
$950,000
Price Change
▼ $50,000 1790364286
Days on Market
93
Status
ACTIVE
MLS#
263618
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,500
Lot Size (Acres)
3.99
Style
Cabin, Other
Year Built
2020

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

Area
12 - Oklahoma - NE
Interior Features
Ceiling Fan(s), Laminate Counters, Eat-in Kitchen
View
Lake
Heating
Multi-Unit, Electric
Cooling
Window Unit(s), Mini Split/P. Tach
Roof
Metal, Composition
Utilities
Electricity Available, Cable Available

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Calculator source: Real Geeks

Listing courtesy of SALLY DAVIS REAL ESTATE, LLC.