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Apartment
·
for sale
USD 625,000
USD 90/sq.ft
100 Georgia Place
Le Flore County
· 6,900 sq.ft · Apartment
Le Flore County · 6,900 sq.ft · Apartment
Eleven units. 100 Georgia Place, Poteau, Oklahoma. A small, fully-occupied community — all eleven units leased — with a balanced mix of one. And two-bedroom floor plans. Current ownership installed a new roof in 2025, addressing the most visible piece of the building envelope. The story is its size and condition. Eleven leased units on a single parcel makes for a low-touch operating footprint — one tax bill, one insurance policy, one rent roll to manage — at a price point that fits a private investor looking for a smaller entry into the Poteau market. Recent leases on the property step up meaningfully from the older tenancy on the rent roll, including 2026 leases at the top of the property's range. That establishes a clear, evidence-backed renewal path: bring legacy rents toward where the property is already leasing today, one turn at a time. Poteau is the LeFlore County seat, 35 minutes from Fort Smith, AR via US 59/271. The renter base is anchored by Eastern Oklahoma Medical Center,
Eleven units. 100 Georgia Place, Poteau, Oklahoma. A small, fully-occupied community — all eleven units leased — with a balanced mix of one. And two-bedroom floor plans. Current ownership installed a new roof in 2025, addressing the most visible piece of the building envelope. The story is its size and condition. Eleven leased units on a single parcel makes for a low-touch operating footprint — one tax bill, one insurance policy, one rent roll to manage — at a price point that fits a private investor looking for a smaller entry into the Poteau market. Recent leases on the property step up meaningfully from the older tenancy on the rent roll, including 2026 leases at the top of the property's range. That establishes a clear, evidence-backed renewal path: bring legacy rents toward where the property is already leasing today, one turn at a time. Poteau is the LeFlore County seat, 35 minutes from Fort Smith, AR via US 59/271. The renter base is anchored by Eastern Oklahoma Medical Center,
USD 625,000
