About This Home

This 0-bedroom, 0-bathroom commercial at 64487 E 254 in Grove, OK is listed for $1,000,000. on a 2.50 acres lot.

Key Features

  • 2.50 acre lot
  • 2 stories

Property Details

2 stories
Listing Description

King Point Resort - Turnkey Investment Opportunity Discover the potential of King Point Resort, a unique income-producing property offering multiple revenue streams in a beautiful setting on 100 ft. of waterfront. The resort features 20 RV sites, including 10 meters with 50/30-amp electric service, along with RW, 3 gas meters, and 6 septic systems already in place.

There are currently 5 month-to-month tenants, providing immediate rental income. The owner currently pays all utilities. Accommodations include two fully furnished cabins, both operating as Airbnb Superhost rentals. The Savanna Cabin comfortably sleeps four and features a full kitchen, washer, and dryer.

In contrast, the second cabin sleeps two and includes a convenient kitchenette: all interior & exterior furnishings and decor stay. In addition, there is a permanently rented single-wide. The property also includes a remodeled two-story, 1950's home with 3 bedrooms and 1 bathroom, updated in 2022, making it ideal as an owner's residence, a manager's home, or an additional rental opportunity.

Guests and owners will appreciate the private road, private boat ramp, full hookups, and mature fruit trees and landscaping. A new survey is scheduled to be completed soon. As a bonus, buyers are encouraged to confirm with GRDA whether docks can be added, creating even greater recreational appeal and future value. Whether you're looking to expand your investment portfolio or own a turnkey resort with room for future growth, King Point Resort offers endless possibilities.

Monthly Cost Estimate

$5,348/mo

20% down · 6.5% · 30 years

Principal$723
Interest$4,333
Insurance$292

Estimates only. Actual payments may vary.

Location

64487 E 254

Grove, OK 74344

Property Details

Parking

Paved or Surfaced

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 64487 E 254 is listed at $1,000,000. The estimated monthly payment is $5,349 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 2.50 acre lot, 2 stories.

This property is listed by Sally Davis and can be reached at 6206742260.

SD

Sally Davis

Agent at Sally Davis Real Estate LLC

(620) 674-2260

Listed by Sally Davis Real Estate LLC

MLS# 2630752· Source: listhub· 3 days on market

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64487 E 254, Grove, OK 74344

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