Lake Lugert 53

Status: New Listing
Price: $225,000
Acres: 53 +/-
Price Per Acre: $4,245
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
Lat/Long: 37.910101, -99.274145
Presented By: Matt Oakes
Taxes: $131


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.

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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.

Interactive Map

Contact Broker

Matt Oakes


Phone: (580) 210-6336

Contact Agent