6 Acres Highway Property Edge
205th Ave : Poteau, OK 74953
Le Flore County, Oklahoma
Farm Description
Rental Income Property - Home Plus 48 Storage Units
LOCATION Central Eastern Oklahoma in LeFlore County at the NE edge of the city of Poteau and about 20 feet of State Highway No. 112. This property borders along 205th avenue about 600 feet. Walmart Super Center is about mile.
LAND Approximately 6 acres of land the exact amount to be determined by survey when sold. The land is level and is the site of a double wide 20056 mobile home and 48 rental storage units. About 40 of the land area is currently used with about 60 available for future development. This would be a nice location for several homes, duplexes or apartments.
SERVICES Rural water, electric, telephone, school bus route, mail route and trash pickup. Poteau police and fire department protection.
Buildings 1. Rental mobile home - the home was placed on this property new in 2006. The home is in good condition, permanently tied down with skirting, has 2,000 s.f. of heated living area with 4 bedrooms, 2.5 baths and has a large deck at the rear of the home. The owner reports the new cost of the home when purchased was He is willing to remove the mobile home and reduce the price of the entire property by the sum of Metal storage building/shop - the building is 24 x 48 with a cement floor, one overhead door and one outside passage door. It has electric service. Constructed new in 1998.
3. Storage rental units - 48 in all have various sizes as per the list attached and as per the rent schedule shown. The units are surrounded by a security fence with an electric gate to be used by tenants. The fenced area is about 2.5 acres in size.
Rental Income From Buildings 1. Mobil home rental - 750.00 mo
2. 48 storage units if 100 full - 2,395.00 mo.
Total potential monthly income - 3,145.00 mo.
TAXES Estimated to be about 2,000 per year.
Price 375,000
Comments Lots of opportunity with this prime city-edge acreage. Good rental income potential with lots of additional land to still be utilized. If you want a nice home to live in and enjoy regular monthly income from rental storage units this property offers that a much more. There are 4 or 5 very nice home-sites all with scenic views of the Cavanal mountains and just minutes from all shopping convenience in the city of Poteau.
