61800 E 262 LOOP N Grove OK 74344

Sands Investment Group is pleased to exclusively offer for sale the 10.95-acre Walnut Cove Resort, located at 61800 E 262 Loop N 27 in Grove, OK. This premier lakefront community features 33 tenant-owned homes, 8 RV sites (50-amp), 1 cabin, 23 boat slips, and 10 indoor boat and RV storage units. The RV sites are operated on a seasonal basis (six months per year), while the boat slip agreements are structured on a 12-month basis, creating a diversified and stable income stream. This offering represents a compelling investment opportunity with strong demand drivers and long-term upside.

LEARN MORE HERE

Please contact the broker prior to conducting any site visits

COMMUNITY OVERVIEW:

• Lakefront community located on Grand Lake O’ the Cherokees, a premier vacation destination in northeastern Oklahoma.

• Established tenancy consisting primarily of lake-home families and a 55+ resident base.

• Historically strong and stable occupancy across residential, RV, and marine components.

SITE & UNIT COMPOSITION:

• 33 tenant-owned home (TOH) sites.

• 8 full hookup RV sites (50-amp service), operated on a seasonal basis (6 months per year).

• 1 cabin, currently owner-occupied.

• 23 boat slips with 12-month slip agreements.

• 10 indoor boat and RV storage units.

UTILITIES & INFRASTRUCTURE:

• City water and septic system.

• Park provides water, septic, and trash services.

• Residents are direct-billed for electricity and gas.

RV & MARINE FEATURES:

• RV sites include full hook-ups with 50-amp electric, city water, and sewer connection.

• Bath-house with showers serving RV guests.

• Boat slips accommodate 20’–22’ vessels.

• Private boat ramp providing direct lake access.

AMENITIES:

• River-rock swim beach

• Boat ramp

• Office

• Large community fire pit

• Picnic tables and grilling areas

• Summer and an indoor heated fishing house