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Cardenas & Associates Realty
305 Pleasant Valley Road, Poteau, OK 74953
- $935,000
- 16,620
- SqFt
- List Price
- $935,000
- Status
- PENDING
- Days on Market
- 106
- MLS#
- 1089514
- Subtype
- Residential
- Year Built
- 1984
- Living Area
- 16,620
- Acres
- 0.75
- Subdivision
- Poteau Township Add
Property Description
Fifteen units. 305 Pleasant Valley Road, Poteau, Oklahoma. 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.
Additional Information
- Exterior Features
- Concrete Driveway
- Taxes
- $3,075
- Flooring
- Vinyl
- Appliances
- Electric Water Heater
- Heating
- Central
- Air Conditioning
- Central Air
- Stories
- 2
- Roof
- Architectural, Shingle
- Foundation
- Slab
- Parking Features
- Parking Lot
- Elementary School
- Poteau
- Middle School
- Poteau
- High School
- Poteau
Listing courtesy of Joshua Harmon from Harmon Real Estate Company