22192 US Hwy 271, Spiro, OK 74959
sale
$800,000
|
Other
Courtesy Of Keller Williams Platinum Realty
All Season Inn Motel & RV Park is a multi-income property located on busy US Highway 271 in Spiro, Oklahoma. The site includes a 10-room motel, 15 mobile homes, and a 25-space RV park on a 5-acre parcel. Purchased in February 2018, it initially operated as a 10-room motel with a small RV park managed on-site. Since then, the property has been enhanced with additional mobile homes and RV rentals, diversifying income and meeting local housing demand.
By 2021, the property supported 40 42 tenants. In 2022, the owner modernized the entire electrical infrastructure with brand-new underground wiring, breaker boxes, and panels, meeting all state and safety standards. Today, the motel rooms have been converted to monthly rentals, mobile homes are rented.
The property offers significant growth potential: 15 RV spaces remain idle, and there is room to add 18 more mobile homes. The 5-acre parcel is outside city limits with a self-treating lagoon sewer system, allowing minimal regulatory restrictions for future development.
Strategically located, the property enjoys prime visibility on US Highway 271. It is 15 minutes from Fort Smith, Arkansas, and near Poteau, Sallisaw, and Stigler. Local amenities, including restaurants, gas stations, and Walmart stores, are within a short drive.
The owner manages remotely from Dallas. This is a rare opportunity to acquire a fully operational, income-producing property with excellent visibility, simple management, infrastructure upgrades, and significant expansion potential.
By 2021, the property supported 40 42 tenants. In 2022, the owner modernized the entire electrical infrastructure with brand-new underground wiring, breaker boxes, and panels, meeting all state and safety standards. Today, the motel rooms have been converted to monthly rentals, mobile homes are rented.
The property offers significant growth potential: 15 RV spaces remain idle, and there is room to add 18 more mobile homes. The 5-acre parcel is outside city limits with a self-treating lagoon sewer system, allowing minimal regulatory restrictions for future development.
Strategically located, the property enjoys prime visibility on US Highway 271. It is 15 minutes from Fort Smith, Arkansas, and near Poteau, Sallisaw, and Stigler. Local amenities, including restaurants, gas stations, and Walmart stores, are within a short drive.
The owner manages remotely from Dallas. This is a rare opportunity to acquire a fully operational, income-producing property with excellent visibility, simple management, infrastructure upgrades, and significant expansion potential.
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Property Features
- Age: 11-20 Years Old
- Architecture Style: Other
- Legal Description: SEC 22 TWP 9N RNG 25E PT SW SE NE BEG N89DG31'E 145.46 & N01DG25'W48.33 SW COR SW SE NE BEING ON NORTH ROW HWY 271 N04DG43'W157.64 N89DG41'E119.75 N20 N89DG31'E 180.25 S166.34 TO NORTH ROW S87DG15'W274.85 POB DD B1867 P671 B1889 P483 B2029 P559.
- MLSID: 1085229
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