24711 State Highway OK-58 Rd Immeuble | 303 m² | Spécialité | À vendre 2 243 722 € | Taux de capitalisation 7,15 % | Lawton, OK 73507

Granite Point RV Park is situated directly across from the scenic Mt. Scott and is located less than 300 yards from Lake Lawtonka. This exceptional 7.67-acre property operates year-round and features hard-surfaced roads and pads, ensuring durable and low-maintenance infrastructure. The property comprises 64 pad sites, 4 overflow sites, a 600-square-foot Airbnb unit, a 2,360-square-foot clubhouse, and a swimming pool. The park reports a robust gross income of $280,600 and a net income of $185,116, yielding a 7.15% CAP rate and providing a substantial return on investment. It utilizes an aerobic septic system, with each site individually metered for electricity; guests are billed through the park and subject to a meter reading fee, which enhances operational efficiency. Additional amenities include on-site washers and dryers.
Currently, all guests are long-term residents holding annual leases, which contributes to stable occupancy rates and consistent revenue. There is potential for increased monthly revenue, as tenants have been notified of an upcoming rent increase to $400 in the next leasing cycle. This adjustment is projected to generate an additional $38,499 in gross income. For further information or to request a non-disclosure agreement (NDA), please contact Chuck at Cummins-Setters Commercial Partners.