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Key Details
Property Type Multi-Family, Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,904 sqft
Price per Sqft $90
Subdivision Township #2
MLS Listing ID 1089516
HOA Y/N No
Year Built 1973
Annual Tax Amount $1,403
Lot Size 0.570 Acres
Acres 0.57
Property Sub-Type Apartment
Property Description
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, 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 Baseboard
Cooling Window Unit(s)
Flooring Vinyl
Fireplace No
Appliance Electric Water Heater
Laundry None
Exterior
Parking Features Parking Lot, Asphalt
Fence None
Roof Type Metal
Building
Lot Description Subdivision
Entry Level One
Foundation Brick/Mortar
Level or Stories One
Schools
Elementary Schools Poteau
Middle Schools Poteau
High Schools Poteau
School District Poteau
Others
Tax ID Q530-00-000-000-0-129-00
Security Features None
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/100-Georgia-Place-Poteau-OK-74953/unbranded
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