27120 S. Highway 125, Afton, OK
Others for Sale - $3,200,000 - 800 Sq. Ft. on 26 acres
Property Info
CIMLS# | 913560 |
Location 27120 S. Highway 125 Afton OK 74331 | |
Updated | December 29th, 2016 |
Type | Others |
Price | $3,200,000 |
Building | 800 Sq. Ft. |
Land | 26 acres |
Property Description
Highly desirable investment opportunity on Grand Lake with portions containing water views. Gated subdivision with 26 acres M/L on Monkey Island. 26 single family leased residential cabins 100% occupied and all constructed within the last 7 years beginning in with one in 2009, four in 2010, five in 2011, four in 2012, three in 2013, three in 2014, four in 2015 and with 2 additional cabins currently under construction which already have leases awaiting completion. The demand for development has created a waiting list of tenants seeking future development. 44 platted lots provides plenty of room for future development, with an estimated space for 32-34 more bungalows.
Location Description:
Lots 1,2,3,4,5,6,7,8,9,10,11,12,13,14,17,18,19,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44 and 45, Knob Hill Estates, according to the recorded plat thereof, Section 29, Township 25 North, Range 23 East, Delaware County, Oklahoma
And
A piece, part or parcel or tract of land lying NW 1/4 SW 1/4 NW 1/4 of Section 29, Township 25 North, Range 23 East, more particularly described as follows to-wit: Beginning at NW corner of said NW 1/4 SW 1/4 NW 1/4; thence 132 feet South; thence 660 feet East; thence 132 feet North; thence 660 feet West to the place or point of beginning, containing 2 acres, more or less. With and subject to all the Restrictions, Covenants, Bylaws, Utility and Road Easements being the same as Echo Bay Estates.
Highlights:
>> Solid Return on Investment
>> High Demand
>> Potential for Future Development
>> Amenties for Grand Lake Close By
>> Well water, electric, septic systems and telephone available
>> 4 RV pads with utilities on site
>> 44 Platted Lots
* Email for additional photos
Financials
Sales Info:
>> Commision split: 3.0%