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Lee's Grand Lake Resort - Grove, OK 24800 S 630 Rd 32 Room Hotel Grove, OK 74344 $7,000,000 ($218,750/Room) 6.52% Cap Rate
INVESTMENT HIGHLIGHTS
- 32 Well -Maintained Cabins
- 5 Park-Owned Homes For Flexible Rental or Resale Opportunities
- 18 Boat Slips, 3 Boat Rentals
- 45 Tenant-Owned Homes, Providing Stable, Long-Term Revenue
- 26 Full Hookup RV Sites For Long Term or Seasonal Guests
- Access to Fishing, Kayaking, and Waterfront Activities
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale Lee’s Grand Lake Resort, a Premier Waterfront Hospitality & Residential Community Located at 24800 S 630 Road in Grove, Oklahoma. This Well-Established Property Comprises 32 Well-Maintained Cabins, 45 Tenant-Owned Homes, 5 Park-Owned Homes, 26 Full Hook-Up RV Sites, 18 Boat Slips, Boat Rentals, Event Venues, and a Range of Complementary Amenities.
Situated on the Scenic Shoreline of Grand Lake, the Resort Caters to Both Long-Term Residents & Seasonal Visitors, Providing Diversified and Resilient Income Streams. The Asset Presents Substantial Value-Add Potential Through Operational Optimization, Enhanced Management, and Strategic Expansion of Ancillary Revenue Streams, Positioning it For Significant Growth.
In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754
Situated on the Scenic Shoreline of Grand Lake, the Resort Caters to Both Long-Term Residents & Seasonal Visitors, Providing Diversified and Resilient Income Streams. The Asset Presents Substantial Value-Add Potential Through Operational Optimization, Enhanced Management, and Strategic Expansion of Ancillary Revenue Streams, Positioning it For Significant Growth.
In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754
PROPERTY FACTS
| Price | $7,000,000 | Lot Size | 12.53 AC |
| Price Per Room | $218,750 | Building Size | 13,495 SF |
| Sale Type | Investment | No. Rooms | 32 |
| Cap Rate | 6.52% | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1981 |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | B |
| Price | $7,000,000 |
| Price Per Room | $218,750 |
| Sale Type | Investment |
| Cap Rate | 6.52% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 12.53 AC |
| Building Size | 13,495 SF |
| No. Rooms | 32 |
| No. Stories | 1 |
| Year Built | 1981 |
| Corridor | Exterior |
AMENITIES
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 32 | $164.00 | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $7,670 | Total Assessment | $7,670 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$7,670
Improvements Assessment
$0
Total Assessment
$7,670
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Lee's Grand Lake Resort - Grove, OK | 24800 S 630 Rd
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