This 15.46 Acre property is composed of a gently rolling topography with planted pines and cedars that provide excellent seclusion from SH-28. There is currently no home on site, but there is an income producing business that could provide an excellent supplement to your current income and actively assist in the monthly payment on the property. The 32x240 metal building houses 20 individual RV and Boat storage units that measure 136 tall and are 12 wide. Each unit has a 110V Electric outlet and a light. These units currently rent out for $60/month and are some of; if not, the lowest priced units that can be found anywhere near Lake Hudson or Grand Lake meaning that there is justifiable room for a price increase that would result in a greater overall profit. The building is currently at 95% occupancy with 1 unit currently not being rented, but the spot will fill soon as they generally do...
This 15.46 Acre property is composed of a gently rolling topography with planted pines and cedars that provide excellent seclusion from SH-28. There is currently no home on site, but there is an income producing business that could provide an excellent supplement to your current income and actively assist in the monthly payment on the property. The 32x240 metal building houses 20 individual RV and Boat storage units that measure 136 tall and are 12 wide. Each unit has a 110V Electric outlet and a light. These units currently rent out for $60/month and are some of; if not, the lowest priced units that can be found anywhere near Lake Hudson or Grand Lake meaning that there is justifiable room for a price increase that would result in a greater overall profit. The building is currently at 95% occupancy with 1 unit currently not being rented, but the spot will fill soon as they generally do not stay vacant for more than a month at a time due to the excellent location and affordable rates. Current net income is approximately $11,750 annually. Annual Taxes $996.
The land itself has two ponds measuring approximately 0.75 and 0.25 Acres in size with the larger pond being previously stocked with catfish and panfish.
The Pines Grove was planted by the current owner between 8-12 years ago and has been meticulously maintained with all trees being pruned annually to allow for excellent growth.
If you are looking to build a home on the property there are two excellent potential build sites that are secluded from the road as well as the neighbors and would leave enough room for the construction of an additional storage building if you wished to expand the functioning business that is in place. There is already a location on the property with septic installed as well as two separate electric meters that would function perfectly for a home and shop. There is a rural water meter already in place at the entrance to the property with water line having already been ran to the site with electric and septic and a frost free tap is in place.
ODOT has plans to add a 10ft Shoulder to Hwy 28 in 2025, so adjustments to the NW boundary as a result of this project are to be expected. For more information regarding the ODOT project reach out and I can send you all details gathered.
Deals like this do not come up often, and this one is sure to sell fast. If you would like to schedule a showing feel free to give me a call at 918-238-7380.
Property Specifics:
32 x 240 Metal Building ($11,750 Annual Net Income)
Two Ponds
Multiple Build Sites
Planted Pine Grove
Planted Cedar Thickets
Excellent Wildlife Habitat
Flooded Timber Pond for Waterfowl
Secluded Openings for Foodplots