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200 Folsom St, Poteau, OK, 74953

--beds
--baths
19,296sqft
$1,500,000
$78price/sqft
$11,772/moest. monthly cost
$470,880/yrincome needed

About This Home

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.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

6/10
Pansy Kidd Middle SchoolGrades 5-60.2 mi
7/10
Poteau High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1995

Materials

  • Foundation: Slab
  • Roof: Architectural,Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Apartment

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Electric Dryer Hookup

Features

  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 19,296 sqft

Property

Details

  • Parcel number: Q00100051000000300
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Concrete Driveway
  • Fencing: None

Lot

  • Lot size: 1.29 Acres
  • Features: Subdivision
  • Lot size dimensions: -

Parking

  • Parking features: Parking Lot