$2,195,000
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688 Old Hochatown Old Hochatown Road Road Broken Bow, OK 74728
Single Family
Residence
4
Beds
4
Baths
...
Bed/Bath
1,697
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
MOTIVATED SELLER! MAKE AN OFFER! Prime 10 Acre Property in the Heart of Hochatown. Seize the rare chance to own an unrestricted 10-acre property with extraordinary potential in the booming vacation destination and Qualified Opportunity Zone. This prime location, a half mile off Hwy 259 behind Hochat...own Saloon on a paved road. Imagine owning a piece of land amidst old-growth hardwoods and towering pines, just half a mile from the shores of Broken Bow Lake and within close proximity to popular attractions like the Choctaw Casino and Safari Park. With an AirDNA investment Market Score of 89 out of 100, Broken Bow/Hochatown ranks in the top 30 of 107 markets as of April 2024, boasting impressive occupancy rates up 6% year-over-year and average revenue up 20% year-over-year. This thriving market outperforms many other vacation destinations across the nation. Whether you envision developing a venue, lodge, glamping campground, RV park, or tiny cabin rental cabins, the possibilities are endless. Alternatively, capitalize on the proximity to Broken Bow Lake and apply for an attraction concession, such as a floating water park in the cove near Beavers Bend Marina—an opportunity that promises to draw visitors from far and wide. Included on the property is a 2-bedroom, 2-bath brick home with a large den, 2-car covered carport, large park-like pavilion, and a storage room. A separate octagon-shaped cottage/pod with a deck and half bath for additional accommodation options. A large 30 x 60 metal drive-through shop with a full bath and kitchenette with ample space for storage. The property is equipped with rural water and two wells, two septic systems, and three electric poles with separate meters, ensuring convenience and functionality. Fiber internet/TV/telephone services are available at the road. Recent upgrades including a new HVAC system, ductwork, roofs on all structures (except the shop), cabinets, stainless steel appliances. Possible partial owner financing.
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MLS#
1111925
Property Type
Single Family
Bedrooms
4
Bathrooms
3 Full/1 Half
Year Built
1978
Square Feet
1,697
sq. ft
Lot Size
10
Stories
1.0
Sewer
Holding Tank
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