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About This Home
This 48-bedroom, 0-bathroom multi-family at 200 Folsom ST in Poteau, OK is listed for $1,500,000 ($78 per sqft). Built in 1995, the home offers 19,296 sqft of living space on a 1.29 acres lot.
Serenity Heights - 24 uniform two-bedroom/one-bath units totaling 19,430 SF at 200 Folsom Street, Poteau, OK. New 2025 roof, repairs complete, 95.8% leased. In-place rents sit below market, and the gap is backed by 2025-2026 leases signed on the property itself - clean operations-driven upside, not a renovation gamble.
Poteau is the LeFlore County seat, 35 minutes from Fort Smith, AR via US 59/271. The renter pool is anchored by Eastern Oklahoma Medical Center, the Choctaw Nation's regional health facilities, Walmart, OK Foods, and Carl Albert State College. Population 9,300 and growing, with little competing new supply. Available standalone or alongside the other four properties in the Poteau Apartments Portfolio - 87 units across five individually-deeded communities, sold together or asset-by-asset.
Key Features
- Built in 1995
- 1.29 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$8,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
200 Folsom ST
Poteau, OK 74953
Poteau Main Town
Property Details
Flooring
Heating
Cooling
Questions & Answers
This 48-bedroom, 0-bathroom multi-family at 200 Folsom ST is listed at $1,500,000 ($78/sqft). The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.
Key features include: Built in 1995, 1.29 acre lot, 2 stories.
This property is listed by Joshua Harmon and can be reached at 479-719-0344.