64487 E 254 Loop, Grove, OK 74344
sale
$1,000,000
|
Other
Courtesy Of DAVIS REAL ESTATE
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 100 ft. of waterfront. 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 decor stay. In addition, there is a permanently rented single-wide. The property also includes a remodeled two-story, 1950's 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, full hookups, and mature fruit trees and landscaping. A new survey is scheduled to be completed soon. As a bonus, buyers are encouraged to confirm with GRDA whether docks can be added, creating even greater recreational appeal and future value. Whether you're looking to expand your investment portfolio or own a turnkey resort with room for future growth, King Point Resort offers endless possibilities.
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Property Features
- Amenities: Ceiling Fan
- Amenities: Basement
- Building Units: 3
- Cooling System: Window Unit(s)
- Cooling System: Ceiling Fan(s)
- Cooling System: Wall Unit(s)
- Floor Covering: Plank
- Heating System: Other (Heating)
- MLSID: 263790
- Roof Type: Composition
- Rooms: Basement
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