Mead Portfolio of properties for Sale
This Property is situated on approximately 2+ acres at the edge of Lake Texoma! Strategic location of this property makes it a highly desirable destination year-round. The property caters to family vacations, fishing and golf tournaments, reunions, casino events as also construction workers in need of short-term lodging, all of which is consistently generating strong rental demand. The business has been successfully operating since 2014. The current owner bought this property in 2021, and added Extended stay, Tiny homes, and induction cooktops to all cabins along with many other enhancements to existing units. Now it is ready for a new entrepreneur that is ready to level up!
Utilities :OG&E electric, Bryan County water, an aerobic septic system, & owned-cellular tower
PROPERTY MIX:
6 Cabins (various sizes)
10-unit extended-stay Motel (built in 2021)
Laundromat (2 washers, 2 Dryers - expandable to 3)
2 mobile homes, different sizes
3 tiny homes (built in 2024)
CURRENT OPERATIONS INCLUDE:
• Consistent demand from construction crews & contract workers
• Daily, Weekly and monthly stays provide stable baseline income
• Simple, low-turnover, low expense management model
VALUE-ADD OPPORTUNITY:
• Transition units to short-term vacation rentals
• Capture demand from Lake Texoma visitors
• Benefit from Hard Rock Casino (coming soon) & Choctaw Casino traffic
• Increase nightly rates and seasonal revenue
• Hybrid model: STR + extended stay
IDEAL BUYER :
• STR investors seeking upside
• Workforce housing operators
• Hospitality investors
• Owner-operators
Want more? An additional 5+ acres with a double-wide garage not included in the listing . Vacant land offers excellent expansion potential—perfect for adding an RV Park, more cabins or rental units or another extended stay. Current survey includes these 5 acres which will be re-surveyed to split this portion off unless buyer like to purchase both.
Upcoming Lake Texoma incredible developments!
Pointe Vista located at Lake Texoma-A large Hard Rock Hotel, Residences Lake Texoma (2000 homes) project is planned for Kingston, OK, as part of the massive 2700-acre Pointe Vista development on Lake Texoma. This 19-mile-long shoreline will feature a hotel, convention center, waterpark, casino, golf and more!