200 Folsom ST, Poteau, OK 74953
200 Folsom ST, Poteau, OK 74953
200 Folsom ST, Poteau, OK 74953
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$1,500,000
Est. payment /mo
19,296 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 19,296 sqft

Price per Sqft $77

Subdivision Poteau Main Town

MLS Listing ID 1089500

HOA Y/N No

Year Built 1995

Annual Tax Amount $7,383

Lot Size 1.286 Acres

Acres 1.2856

Property Sub-Type Apartment

Property Description

Serenity Heights — 24 uniform two-bedroom/one-bath units totaling 19,430 SF at 200 Folsom Street, Poteau, OK. New 2025 roof, repairs complete, 95.8% leased.

In-place rents sit below market, and the gap is backed by 2025–2026 leases signed on the property itself — clean operations-driven upside, not a renovation gamble.

Poteau is the LeFlore County seat, 35 minutes from Fort Smith, AR via US 59/271. The renter pool is anchored by Eastern Oklahoma Medical Center, the Choctaw Nation's regional health facilities, Walmart, OK Foods, and Carl Albert State College. Population 9,300 and growing, with little competing new supply.

Available standalone or alongside the other four properties in the Poteau Apartments Portfolio — 87 units across five individually-deeded communities, sold together or asset-by-asset.

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 Q001-00-051-000-0-003-00

Security Features None

Special Listing Condition None

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Listed by Harmon Real Estate Company

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Broker | License ID: PB00077598

Broker License ID: PB00077598

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