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114975 S 4200 Rd 3,000 SF Specialty Building Offered at $1,080,000 at a 7.33% Cap Rate in Checotah, OK 74426
Investment Highlights
- Profitable boat and RV storage facility with 89 units and 93% occupancy.
- Positioned on 3.68 acres with an option to purchase an additional ±6 acres.
- Strong income performance with reported NOI of $79,131.
- Located near Lake Eufaula, Belle Starr Marina, and multiple RV parks.
- Built in 2010, offering modern construction and low maintenance.
- Convenient access to Texanna Road and nearby recreational amenities.
Executive Summary
Eufaula Self Storage presents an attractive investment opportunity in the growing recreational hub of Lake Eufaula. This 3.68-acre property operates as a profitable boat and RV storage facility, strategically located near Belle Starr Marina and multiple RV parks, ensuring consistent demand from seasonal and year-round users. The facility includes 89 storage units and maintains a strong 93% occupancy rate, providing immediate income stability with a reported NOI of $79,131.
The property offers future growth potential with an option to acquire an additional ±6 acres to the north, allowing for expanded storage capacity or diversification of services. Built in 2010, the facility benefits from modern construction and low maintenance requirements. Its proximity to major recreational destinations and easy access to Texanna Road enhances its appeal to both local and visiting customers.
With a sale price of $1,080,000, this asset combines operational performance with expansion upside, making it a compelling choice for investors seeking stable cash flow and long-term value in a high-demand leisure market.
The property offers future growth potential with an option to acquire an additional ±6 acres to the north, allowing for expanded storage capacity or diversification of services. Built in 2010, the facility benefits from modern construction and low maintenance requirements. Its proximity to major recreational destinations and easy access to Texanna Road enhances its appeal to both local and visiting customers.
With a sale price of $1,080,000, this asset combines operational performance with expansion upside, making it a compelling choice for investors seeking stable cash flow and long-term value in a high-demand leisure market.
Property Facts Under Contract
| Price | $1,080,000 | Building Class | C |
| Price Per SF | $360 | Lot Size | 9.68 AC |
| Sale Type | Investment | Building Size | 3,000 SF |
| Cap Rate | 7.33% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2010 |
| Property Subtype | Self-Storage |
| Price | $1,080,000 |
| Price Per SF | $360 |
| Sale Type | Investment |
| Cap Rate | 7.33% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 9.68 AC |
| Building Size | 3,000 SF |
| No. Stories | 1 |
| Year Built | 2010 |
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0000-08-10N-17E-3-001-00 | Improvements Assessment | $57,509 |
| Land Assessment | $9,548 | Total Assessment | $67,057 |
Property Taxes
Parcel Number
0000-08-10N-17E-3-001-00
Land Assessment
$9,548
Improvements Assessment
$57,509
Total Assessment
$67,057
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114975 S 4200 Rd
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