64487 E 254 Loop, Grove, OK 74344
64487 E 254 Loop, Grove, OK 74344
64487 E 254 Loop, Grove, OK 74344
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$1,000,000
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1,500 SqFt
Price Dropped by $100K

64487 E 254 Loop Grove, OK 74344

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Key Details

Property Type Commercial

Sub Type Business for Sale w/RE

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $666

MLS Listing ID 263790

Annual Tax Amount $2,800

Tax Year 2800

Lot Size 3.990 Acres

Acres 3.99

Property Sub-Type Business for Sale w/RE

Source Ozark Gateway Association of REALTORS®

Land Area 1500

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.

Location

State OK

County Delaware

Direction Off Hwy 10 turn W on 260 and go .3 miles toward King Point Resort, on 650 and follow around to the community

Rooms

Basement Crawl Space, Partial

Interior

Heating Multi-Unit, Wall Unit(s)

Cooling Ceiling Fan(s), Wall Unit(s), Window Unit(s)

Flooring Plank

Exterior

Fence None

View Y/N No

Roof Type Composition


Listed by SALLY DAVIS REAL ESTATE, LLC

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Angie Crawford

Angie Crawford

Agent License ID: 2007014648

+1(417) 629-7085

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64487 E 254 Loop