29473 LAKE DR

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29473 LAKE DR

MCLOUD, OK 74851-8641
Asking Price
$450K
Asset Type
Residential Mixed-use
Class
Class B

What's Special

<ul><li>​8.3± acres</li><li>​Former wedding and event venue</li><li>​Large timber-frame commercial building</li><li>​Expansive open-concept event space</li><li>​Restroom facilities in place</li><li>​Beautiful natural setting with mature trees</li><li>​Ample space for expansion and future development</li><li>​Multiple commercial and special-use possibilities</li><li>​Rare opportunity to acquire a unique destination property</li></ul><p>The possibilities are endless for this exceptional commercial

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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746

Location & Travel Times