550 Morrow Drive

Eucha, OK 74342
$1,199,000
3898 sqft | 4 beds | 3 baths | 1.04 acres | #2417415

Description

Grand Lake Turnkey Investment Opportunity Discover a remarkable turnkey investment opportunity at Grand Lake! This fully furnished exceptional package features 4 exquisite remodeled lake front cabins, a commercial income-producing 20-covered boat slip dock, and a total of five lots. With nearly 4,000 sq ft of rental property, a rare chance to own a vast income-producing portfolio. 4 Remodeled Lake Front Cabins: Each waterfront cabin has been fully renovated w/ added Decks and amazing lake views that are currently producing income. Commercial 20-Slip Boat Dock: Each slip is 10X30. The dock is a significant income generator, with 16 boat slips available for rental to the public. The remaining 4 slips are dedicated to the cabin rentals, enhancing the overall guest experience. Five Lots: The property includes five lots in Raper Hollow, providing ample space and potential for future development or expansion. Close By Amenities and Attractions: Disney: Known for its UTV Off-Roading and rock crawling adventures just down the road. Little Blue State Park: Minutes away, this offers swimming, natural scenery, hiking trails, and picnic areas. Pensacola Dam: Worlds longest multiple arch dam in the world.Vinita's American Heartland Theme Park: Situated just 20 minutes away, this upcoming theme park is under development. The properties are currently listed on multiple popular rental platforms, ensuring high visibility and booking potential. P&L Avail Upon Request: Available for serious investors. In addition to the sq ft a 30x30 room was added to the main cabin additng 900 sq ft.
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  • Interior Details
    • Interior Features
      • Interior:Concrete Counters, Granite Counters, High Speed Internet, WiredForData, Ceiling Fans
      • Fireplaces:5
    • Beds & Baths
      • Bedrooms:4
      • Bathrooms:3
      • Full Baths:3
  • Property Details
    • Property
      • Lot description:Mature Trees, Steep Slope, Wooded
      • Exterior materials:Other, Rain Gutters
    • Measurements
      • Acres:1.043
      • Square Feet:3898
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Style:Cabin
      • Basement:Unfinished, Crawl Space
    • Condition
      • Year built:1986
    • Material information
      • Foundation:Crawlspace
  • Utilities / Energy Details
    • Utility
      • Sewer information:Septic Tank
      • Utility source:Rural
      • Utility features:Electricity Available, Water Available
  • Community and Neighborhood Details
    • Community
      • Subdivision:Morrow Point I
    • Location
      • School district:Jay - Sch Dist (D1)
      • Elementary School:Jay
      • Middle School:Jay
      • High School:Jay
      • County:Delaware
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 399, 000
      • Days on Market (Cumulative):283
      • Taxes annual:$5, 315
  • Other
    • Source
      • MLS #:2417415

Location

Wilkerson Real Estate Real Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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