688 Old Hochatown Road Broken Bow, OK 74728

Single Family Detached MLS #: 1111925 Courtesy Of eXp Realty, LLC

$2,250,000

4 beds | 3 baths | 1 half baths
Print property details Share
Est. Property Tax: $970
Estimated monthly payments: $9,916/mo.* (recalculate)

Property InformationDescription

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 Hochatown 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 in the kitchen. AS IS. Possible partial owner financing.

Features

  • Age: 41-50 Years Old
  • Architecture Style: Craftsman
  • Cooling System: Heat Pumps
  • Exterior Type: Brick
  • Fireplace: Fireplace
  • Heating Fuel: Electric
  • Heating System: Central Furnace, Fireplace
  • Lot Size: 10 Acres
  • Roof Type: Composition Shingle
  • Rooms: Bedroom, Full Bath, Half Bath

VIDEOS AND TOURS

MAP & DIRECTIONS

Get Directions
688 Old Hochatown Road, Broken Bow, OK 74728
View Directions

School Information

688 Old Hochatown Road, Broken Bow, OK 74728

Elementary School
Grades PK-2 | Public School
DIERKS ELEMENTARY SCHOOL
Broken Bow, OK 74728
108 W 5th St
580.­584.2765
Distance: 9.3 mi
Student:Teacher Ratio
13:1
Total Students
324
Elementary School
Grades 3-5 | Public School
BENNETT ELEMENTARY SCHOOL
Broken Bow, OK 74728
108 W 5th St
580.­584.6440
Distance: 8.6 mi
School Rating
C
Student:Teacher Ratio
15:1
Total Students
289
Middle School
Grades 6-8 | Public School
RECTOR JOHNSON MIDDLE SCHOOL
Broken Bow, OK 74728
108 W 5th St
580.­584.9603
Distance: 9.7 mi
School Rating
C-
Student:Teacher Ratio
15:1
Total Students
313
High School
Grades 9-12 | Public School
BROKEN BOW HIGH SCHOOL
Broken Bow, OK 74728
108 W 5th St
580.­584.3365
Distance: 9.7 mi
School Rating
C-
Student:Teacher Ratio
16:1
Total Students
611

Demographic Data

Broken Bow, OK 74728

Median Age: 36.9
Married: 53%
Number of Households: 3,920
Households with Children: 33.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.