24711 State Highway OK-58 Rd 3,260 SF Specialty Building Offered at $2,600,000 at a 5.72% Cap Rate in Lawton, OK 73507

The Granite Pointe RV Park at Lake Lawtonka presents a rare and exciting investment opportunity. Discover an exceptional turn-key business with this meticulously maintained RV park. Nestled across from the majestic Mt. Scott and less than 300 yards to the waters of Lake Lawtonka. This remarkable 7.67-acre property, open year-round, boasts concrete roads and pads, providing a durable and low-maintenance infrastructure. Property includes 68 pad sites, 4 pads just newly completed, 600 sf Airbnb, a 2360 sf clubhouse and a swimming pool. Robust gross average income of $280,600 and average net income of $148,805 delivering a 5.7% CAP rate, this property ensures substantial return. With the addition of the four new pads and advertising the Airbnb as a long term rental for $1,400 monthly all bills paid. The change to long term rental and additional pads generates an additional $43,300 of yearly gross income. which will increase the CAP rate. The park operates on an aerobic septic system and each site is individually metered for electricity. Guests are billed through the park with a meter reading fee, enhancing operational efficiency. Additionally, the park offers convenient on-site washers and dryers. Most guests are long-term residents on month-to-month leases, contributing to stable occupancy and consistent revenue generation. Property also has room to increase in the monthly revenue with average long term trailer space rental in Comanche County $460 so growth potential is likely. Contact Chuck at Cummins-Setters Commercial Partners.