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29512794
29512790

21 Pinyon Rd, Broken Bow, OK 74728

MC
TX TX 9004811, TX TX 0560702
Attlee Realty LLC
Listed by Attlee Realty LLC
$1,600,000
142 days on market
Updated 15 days ago

Broken Bow Self-Storage

Details
Property Type Self Storage
Square Footage 31,150
Net Rentable (SqFt) 31,150
Units 196
Price per SqFt $51
Year Built 2023
Acreage 3.650
Investment Type Owner/User
Sale Condition For sale by owner

This 3.65-acre property is the most premier commercial location in the market.

Marketing description

Introducing an unparalleled investment opportunity in Broken Bow, OK, also known as Hochatown, strategically positioned along N US HWY 259 across from the Choctaw Landing Casino (new $238 million casino), opened April 2024. This 3.65-acre property is the most premier commercial location in the market. It encompasses a 196-unit storage facility and undeveloped land, offering the perfect combination to capitalize on the lucrative potential of this thriving tourism market.

Optional Owner Finance Terms:

  • Must be qualified Self-Storage buyer
  • 20% down
  • 30 year Amortization
  • 5 Year Balloon
  • 7.9% Interest

Jason Green SFR OK Lic. # 201939

Investment highlights

1. Expansive Storage Facility:

- Boasting a vast storage facility with 196 units and 31,150 sq ft of storage space, this property caters to a diverse range of storage needs, including for cabin owners décor and supplies, contractors, as well as property management companies and cleaning companies catering to the robust tourism market.

- With limited competition in the area, this facility stands out as the premier storage destination in Hochatown, offering the most convenient location and accessibility.

2. Prime Undeveloped Land:

- Adjacent to the Choctaw Landing Casino, this property offers undeveloped land spanning 2.345 acres, presenting an ideal location for establishing an RV park or tiny cabin village. This provides an attractive option for guests seeking affordable accommodation options near the casino.

- Surrounded by new casino resort and entertainment venue as well as 2,500 + luxury cabins, this location offers unparalleled potential for significant returns on investment in the burgeoning tourism industry of Broken Bow, OK, also known as Hochatown.

3. Adjacent Casino Hotel and Entertainment Resort:

- Directly neighboring the property is a $238 million casino hotel and entertainment resort currently under construction with anticipated opening in May 2024. Spanning 200,000 sq ft, this complex will feature 600 slot machines and 8 table games, along with a 100-room hotel and outdoor entertainment venue complete with an amphitheater, beer garden, and family arcade.

4. Broken Bow/Hochatown, OK Info

- Hochatown/Broken Bow, OK has over 2,400 luxury cabins and has seen 145% increase in travel since 2019

https://www.nytimes.com/2023/11/10/travel/airbnb-rural-boom-bust.html

  1. Listed as one of VRBO’s top drivable destinations and 2nd fastest growing travel destination, Weekends see as many as 50,000 visitors driving from North Texas for the lake and outdoor activities.

https://www.onlyinyourstate.com/oklahoma/best-small-town-vaca-in-ok/

https://www.vrbo.com/media-center/press-releases/2021/vrbo-names-fastest-growing-memorial-day-destinations

  1. April 2024 is the new $238 million Choctaw Casino

Resort is Open and Accepting Bookings - Choctaw Landing

Listing Contacts

MC
TX TX 9004811, TX TX 0560702
Attlee Realty LLC
Listed by Attlee Realty LLC

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Additional Information

Name
Jason Green
License
OK# 201939
Brokerage
SFR Realty, LLC
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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