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64487 E 254 Loop - King Point Resort Specialty Building Offered at $1,300,000 in Grove, OK 74344



Executive Summary
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Property Facts
| Price | $1,300,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 3.99 AC |
| Sale Conditions | No. Stories | 2 | |
| Property Type | Specialty | Year Built/Renovated | 1950/2020 |
| Zoning | commercial | ||
| Price | $1,300,000 |
| Sale Type | Investment |
| Sale Conditions | |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 3.99 AC |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2020 |
| Zoning | commercial |
About 64487 E 254 LOOP , GROVE, OK 74344
King Point Resort - Turnkey Investment Opportunity Discover the potential of King Point Resort, a unique income-producing property offering multiple revenue streams in a beautiful setting on 188 ft. of waterfront with a fishing dock, boat, and slip. The resort features 20 RV sites, including 10 meters with 50/30-amp electric service, along with RW, 3 gas meters, and 6 septic systems already in place. There are currently 5 month-to-month tenants, providing immediate rental income. The owner currently pays all utilities. Accommodations include two fully furnished cabins, both operating as Airbnb Superhost rentals. The Savanna Cabin comfortably sleeps four and features a full kitchen, washer, and dryer. In contrast, the second cabin sleeps two and includes a convenient kitchenette: all interior & exterior furnishings and décor stay. The 3rd cabin, waterfront, is the owners' and will be empty, but sleeps 2, and a 4th cabin that is not finished out. In addition, there is a single-wide that is renting a lot. The property also includes a rented two-story home with 3 bedrooms and 1 bathroom, updated in 2022, making it ideal as an owner's residence, a manager's home, or an additional rental opportunity. Guests and owners will appreciate the private road, private boat ramp, and full hookups. Whether you're looking to expand your investment portfolio or own a turnkey resort with room for future growth, King Point Resort is it.
Property Taxes
| Parcel Number | 0026966 | Improvements Assessment | $20,703 |
| Land Assessment | $11,531 | Total Assessment | $32,234 |
Property Taxes
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64487 E 254 Loop - King Point Resort
