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Listed by Cathy Brooks • ERA Courtyard Real Estate
$950,000
Est. payment /mo
5,702 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
Square Footage 5,702 sqft
Price per Sqft $166
MLS Listing ID OKC1228707
Construction Status Frame,Log
Year Built 2014
Annual Tax Amount $2,375
Lot Size 0.321 Acres
Acres 0.804
Property Sub-Type Special Purpose
Property Description
Located just 5 minutes from Canton Lake, the well known Crappie King Cabins presents a rare opportunity to own a profitable, turnkey lodging business in one of Oklahoma's premier fishing and outdoor recreation destinations. This established operation includes 10 income-producing cabins plus a separate owner residence making it ideal for an investor, owner-operator or hospitality entrepreneur. The property currently produces approximately 81K net income annually with additional upside potential for growth. The property includes 6 single-bed cabins and 4 double-bed cabins, catering to families, fishermen, hunters, weekend travelers, corporate and state workers. This business can be can be purchased as a fully turnkey operation, allowing a new owner to step in and continue operations. Upside opportunity exists with available space to add 5-7 RV hook-ups, creating additional recurring revenue and expanding appeal to the growing RV travel market around Canton Lake. Whether you are looking for a lifestyle investment, hospitality property, or an income-producing lake-area business with room to grow, Crappie King Cabins delivers location, reputation, and scalability in one package. Call us today to make your dream a reality!
Location
State OK
County Blaine
Zoning Multi-Family
Interior
Heating Electric
Cooling Central Elec
Fireplace N
Exterior
Parking Features Gravel
Garage Description Gravel
Building
Sewer Public Sewer
Water Public
Structure Type Frame,Log
Construction Status Frame,Log
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Nearby Locations
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Tyler Latta
Real Estate Agent | License ID: 212925
Real Estate Agent License ID: 212925