24800 S 630 Rd - Hospitality FOR SALE


Grove, OK 74344
$7,000,000 USD
954-902-5251
24800 S 630 Rd, Grove, OK for Sale
$7,000,000 USD
Hospitality - FOR SALE
1/7
null | 6.52% Cap Rate

24800 S 630 Rd
Grove, OK 74344


HIGHLIGHTS

  • 32 Well -Maintained Cabins
  • 45 Tenant-Owned Homes, Providing Stable, Long-Term Revenue
  • 5 Park-Owned Homes For Flexible Rental or Resale Opportunities
  • 26 Full Hookup RV Sites For Long Term or Seasonal Guests
  • 18 Boat Slips, 3 Boat Rentals
  • Access to Fishing, Kayaking, and Waterfront Activities

OVERVIEW

Sands Investment Group is Pleased to Exclusively Offer For Sale Lee’s Grand Lake Resort, a Premier Waterfront Hospitality & Residential Community Located at 24800 S 630 Road in Grove, Oklahoma. This Well-Established Property Comprises 32 Well-Maintained Cabins, 45 Tenant-Owned Homes, 5 Park-Owned Homes, 26 Full Hook-Up RV Sites, 18 Boat Slips, Boat Rentals, Event Venues, and a Range of Complementary Amenities. Situated on the Scenic Shoreline of Grand Lake, the Resort Caters to Both Long-Term Residents & Seasonal Visitors, Providing Diversified and Resilient Income Streams. The Asset Presents Substantial Value-Add Potential Through Operational Optimization, Enhanced Management, and Strategic Expansion of Ancillary Revenue Streams, Positioning it For Significant Growth. In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$155 USD /SF

# OF ROOMS

32

PRICE/ROOM

$218,750 {currency}

CAP RATE

6.52%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lee's Grand Lake Resort - Grove, OK

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.41 AC

LAND SF

540,754 SF

ZONING

-

APN/PARCEL ID

0026453,0027203

ASK ABOUT THIS PROPERTY

Kristen DeninnoSands Investment GroupMore Info
954-902-5251

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Kristen DeninnoSands Investment GroupMore Info
954-902-5251

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.