Project Category: Original Use Property
Investment property for rental cabins in beautiful Broken Bow, OK located 3 hours from Dallas. This area is in a QOZ and is one of the hottest cabin rental areas in the country. The QOZ investment includes land and would apply to a rental cabin. 17 of 31 available lots have sold
Project Qualification: Original Use PropertyReal Estate:
Non-Real Estate: TXTotal Capital Required: $3,000,000Equity Required: $40,000Project Control: We own all the key propertyTimeline: Less than 30 daysAddress: 8888 N US Hwy 259 Broken Bow Oklahoma 74728 United States
Land Development located in the booming rental cabin market of Broken Bow, OK. Land and cabin demand in this area has skyrocketed in the past 5-10 years fueled by the growth of the Dallas/Fort Worth metroplex just 3 hours away. Located in the Kiamichi Mountains of southeast Oklahoma this area offers a relaxing get away with a ton of outdoor and indoor entertainment options. The number of rental cabins has gone from 1,500 5 years ago to over 3,000 now and that growth is remaining steady as more infrastructure is being put in the area.
This area is in a QOZ so all investments made toward building a maintaining an income producing rental cabin are considered OZ investments. This is an opportunity to buy a cabin or land to build a cabin on own it for 10 years while the cabin is paying down your investment and then sell the cabin or land and not be taxed on your capital gain.
Current investment inventory includes:
1) 2 Master bedroom/Master bath $445,000 https://www.realtor.com/realestateandhomes-detail/183-Woodland-Hills-Trl_Broken-Bow_OK_74728_M97746-85422?view=qv
2) 3 bedroom/3 bath $625,000 https://www.realtor.com/realestateandhomes-detail/265-Woodland-Hills-Trl_Broken-Bow_OK_74728_M97532-62884?view=qv
17 2-5 acre lots ranging in price from $40,000-$150,000 inventory, description, and lot pricing www.CrossLandInvestmentsLLC.com
Future investment opportunity: 200+ acres being developed and additional cabins being built