Fully Occupied 11-Unit Multifamily Investment in Poteau, Oklahoma. Georgia Place Apartments offers an attractive opportunity for investors seeking a smaller, stabilized multifamily acquisition with existing cash flow and recent capital improvements. The 11-unit community is currently 100% occupied and features an even mix of one- and two-bedroom units, providing diversification within a manageable-sized property. A new roof was completed in 2025, adding to the property's appeal as a relatively stabilized, lower-maintenance entry point into the Poteau multifamily market. Rather than requiring an investor to first solve significant vacancy, Georgia Place provides immediate occupancy with the ability to focus on operations and long-term income performance. Located in Poteau's established residential core, the property benefits from a diversified regional employment base that includes healthcare, education, manufacturing, retail and tribal government. Poteau is the LeFlore County seat and sits approximately 35 miles southwest of Fort Smith, Arkansas. Georgia Place Apartments is offered individually at $595,000 ($54,090/unit) and may also be purchased with Heather and Riviera Apartments as part of the complete 48-unit Poteau Apartments Portfolio. Contact Darren Marks for Offering Memorandum, rent roll, financials and additional due-diligence information.
25-Unit Value-Add Multifamily Opportunity in Poteau, Oklahoma. Heather Apartments offers investors an opportunity to acquire meaningful scale at an attractive $50,000 per unit while retaining substantial upside through lease-up and rent growth. As the largest property in the Poteau Apartments Portfolio, Heather represents the strongest value-add opportunity of the three properties, with four units currently available to lease and the widest gap between existing and market rents. The opportunity is straightforward: acquire an established 25-unit community with existing income, fill current vacancies, and continue moving legacy leases toward demonstrated market rents as units turn. Current ownership has also made significant capital improvements across the portfolio since 2025, reducing some of the deferred capital burden typically associated with a value-add acquisition. Located in Poteau, the LeFlore County seat and regional commercial hub of eastern Oklahoma, Heather provides investors an opportunity to establish immediate multifamily scale in a market supported by healthcare, education, manufacturing, tribal government and retail employment. Heather Apartments is offered individually at $1,250,000 and may also be purchased as part of the complete 48-unit Poteau Apartments Portfolio. Contact Darren Marks for Offering Memorandum, rent roll, financials and additional due-diligence information.
Fully Occupied 12-Unit Multifamily Investment with Recent Capital Improvements. Riviera Apartments offers investors a stabilized income-producing asset with an additional rent-growth component in Poteau, Oklahoma. The 12-unit community is currently fully occupied and benefits from a new roof and siding completed in 2025, providing meaningful recent exterior capital investment for the next owner. Recent leasing activity has established a rising lease-rate trend, creating an opportunity for continued organic income growth as existing leases turn over while maintaining the stability of a fully occupied property. This combination makes Riviera particularly attractive to an investor seeking current occupancy and cash flow without giving up future upside. Located within Poteau's established residential core, Riviera benefits from proximity to the area's employment, retail and educational anchors. Poteau serves as the LeFlore County seat and is approximately 35 miles southwest of Fort Smith, Arkansas. Riviera Apartments is offered individually at $675,000 ($56,250/unit) and may also be acquired with Heather Apartments and Georgia Place Apartments as part of the complete 48-unit Poteau portfolio. Contact Darren Marks for Offering Memorandum, rent roll, financials and additional information.
Poteau is located in Oklahoma. Poteau, Oklahoma has a population of 8,741. Poteau is less family-centric than the surrounding county with 27.01% of the households containing married families with children. The county average for households married with children is 28.19%.
The median household income in Poteau, Oklahoma is $40,711. The median household income for the surrounding county is $43,049 compared to the national median of $69,021. The median age of people living in Poteau is 35 years.
The average high temperature in July is 92.9 degrees, with an average low temperature in January of 27.2 degrees. The average rainfall is approximately 48 inches per year, with 2.6 inches of snow per year.
