23400 N Luther Rd - Specialty FOR SALE
Luther, OK 73054 |
23400 N Luther Rd
Luther, OK 73054
HIGHLIGHTS
- Stabilized cash-flowing asset: 70 deeded acres with buildings, FF&E, brand, digital assets, and over 100 contracted events included.
- Financial snapshot: Average gross revenue $550K to $750K per year with ~$5,500 average revenue per event.
- Top-tier reputation: 4.8-star Google rating; based on verified event volume, ranked in the top 5% of US wedding venues. Forward bookings: ~70 new
- Passive-ownership ready: One FT venue manager plus five part-time subcontractors (maintenance, security, day-of staff) and fully automated workflows.
- Immediate upside: Add lodging, expand ceremony sites, introduce retreats or seasonal experiences, or fold into an existing hospitality portfolio.
- Turnkey business opportunity with over 70 bookings already in place.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Esperanza Ranch
PROPERTY TYPE
Specialty
TOTAL BUILDING SIZE
12377
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
70 AC AC
LAND SF
3,049,200 SF
ZONING
-
APN/PARCEL ID
168641665
