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Key Details
Property Type Multi-Family, Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 16,620 sqft
Price per Sqft $56
Subdivision Poteau Township Add
MLS Listing ID 1089514
HOA Y/N No
Year Built 1984
Annual Tax Amount $3,075
Lot Size 0.750 Acres
Acres 0.75
Property Sub-Type Apartment
Property Description
Pleasant Valley is built around its floor plan. Every unit is a two-bedroom / 1.5-bath townhome-style layout — the largest, most family-friendly units in the area's small-multifamily stock. Tenants pay their own utilities, which keeps the owner's operating burden light and net rents strong.
Fourteen of fifteen units are leased. Recent leasing on the property has run materially above what most of the existing tenant base is paying — including a 2026 lease signed at the top of the market — establishing a clear and defensible renewal path.
The primary upside is operational. Lease the one open unit, hold the existing base, and bring legacy rents to where the property's own newest leases already prove out the market.
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, the Choctaw Nation's regional health facilities, Walmart, OK Foods, and Carl Albert State College. Limited competing new supply.
Offered standalone or as part of the five-property Poteau Apartments Portfolio.
Location
State OK
County Leflore
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplace No
Appliance Electric Water Heater
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Concrete Driveway
Parking Features Parking Lot
Fence None
Roof Type Architectural,Shingle
Building
Lot Description Subdivision
Entry Level Two
Foundation Slab
Level or Stories Two
Schools
Elementary Schools Poteau
Middle Schools Poteau
High Schools Poteau
School District Poteau
Others
Tax ID Q500-35-07N-25E-0-043-00
Security Features None
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/305-Pleasant-Valley-Road-Poteau-OK-74953/unbranded
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