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$ 675,000
Est. payment /mo
Active
22192 US Hwy 271 Spiro, OK 74959
2,808 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 2,808 sqft
Price per Sqft $240
MLS Listing ID 1085229
HOA Y/N No
Year Built 2005
Lot Size 4.900 Acres
Acres 4.9
Property Sub-Type Hotel/Motel
Property Description
All Season Inn Motel & RV Park is a multi-income property located on busy US Highway 271 in Spiro, Oklahoma. The site includes a 10-room motel, 15 mobile homes, and a 25-space RV park on a 5-acre parcel. Purchased in February 2018, it initially operated as a 10-room motel with a small RV park managed on-site. Since then, the property has been enhanced with additional mobile homes and RV rentals, diversifying income and meeting local housing demand.
By 2021, the property supported 40–42 tenants. In 2022, the owner modernized the entire electrical infrastructure with brand-new underground wiring, breaker boxes, and panels, meeting all state and safety standards. Today, the motel rooms have been converted to monthly rentals, mobile homes are rented.
The property offers significant growth potential: 15 RV spaces remain idle, and there is room to add 18 more mobile homes. The 5-acre parcel is outside city limits with a self-treating lagoon sewer system, allowing minimal regulatory restrictions for future development.
Strategically located, the property enjoys prime visibility on US Highway 271. It is 15 minutes from Fort Smith, Arkansas, and near Poteau, Sallisaw, and Stigler. Local amenities, including restaurants, gas stations, and Walmart stores, are within a short drive.
The owner manages remotely from Dallas. This is a rare opportunity to acquire a fully operational, income-producing property with excellent visibility, simple management, infrastructure upgrades, and significant expansion potential.
By 2021, the property supported 40–42 tenants. In 2022, the owner modernized the entire electrical infrastructure with brand-new underground wiring, breaker boxes, and panels, meeting all state and safety standards. Today, the motel rooms have been converted to monthly rentals, mobile homes are rented.
The property offers significant growth potential: 15 RV spaces remain idle, and there is room to add 18 more mobile homes. The 5-acre parcel is outside city limits with a self-treating lagoon sewer system, allowing minimal regulatory restrictions for future development.
Strategically located, the property enjoys prime visibility on US Highway 271. It is 15 minutes from Fort Smith, Arkansas, and near Poteau, Sallisaw, and Stigler. Local amenities, including restaurants, gas stations, and Walmart stores, are within a short drive.
The owner manages remotely from Dallas. This is a rare opportunity to acquire a fully operational, income-producing property with excellent visibility, simple management, infrastructure upgrades, and significant expansion potential.
Location
State OK
County Leflore
Interior
Fireplace No
Others
Tax ID 0000-22-09N-25E-0-082-00
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/22192-US-Hwy-271-Spiro-OK-74959/unbranded
Listed by Keller Williams Platinum Realty
