Sold
53± Acres
Sold
Kiowa County, Oklahoma

Lake Lugert 53

ID: 37536
Status: Sold
Acres: 53±
Type: Hunting Land, Recreational Land, Undeveloped Land, Business Opportunity
Address: E 1450 Rd and 2080 Rd
City, State: Lone Wolf, Oklahoma
County: Kiowa
ZIP Code: 73655
Presented By: Matt Oakes
Taxes: $131

Description

Located just off of the East dam of Lake Lugert lies this unique piece of property that is awaiting a new owner. This acreage has many potential uses due to its close proximity to the Lake and Quartz Mountain State Park.  This property could become an RV Park location, future residence, or just a place to ride horses and ATV's. Wait until you see the large whitetail deer captured by the owner's hunting camera that are coming from the park to visit the feeders. The new owner will benefit from the income of a brand new 25 year cell tower lease that is currently under construction. The terms of the lease are $6,000 per year with a 10% increase after each 5 year extension term. Electric lines are present on the East side of the property.

>> Click Here For a Drone Tour <<

Cell tower lease payments:
Year 1-5     $6,000
Year 6-10   $6,600
Year 11-15  $7,260
Year 16-20  $7,986
Year 21-25  $8,784

Total Lease $183,150.00

Contact us if you would like to review the entire lease.

Additional Information

wildlife

  • geese
  • whitetail deer

recreation

  • atv trails
  • fishing
  • hiking trails
  • hunting
  • public land access

improvements

  • other

Ask Matt About This Property

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