Eleven units. 100 Georgia Place, Poteau, Oklahoma.
A small, fully-occupied community — all eleven units leased — with a balanced mix of one- and two-bedroom floor plans. Current ownership installed a new roof in 2025, addressing the most visible piece of the building envelope.
The story is its size and condition. Eleven leased units on a single parcel makes for a low-touch operating footprint — one tax bill, one insurance policy, one rent roll to manage — at a price point that fits a private investor looking for a smaller entry into the Poteau market.
Recent leases on the property step up meaningfully from the older tenancy on the rent roll, including 2026 leases at the top of the property's range. That establishes a clear, evidence-backed renewal path: bring legacy rents toward where the property is already leasing today, one turn at a time.
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.
40 days
|
50
|
0
|
Zillow last checked:
Listing updated:
Listed by:
Joshua Harmon479-719-0344,
Harmon Real Estate Company
Source: Western River Valley BOR,MLS#: 1089516Originating MLS: Fort Smith Board of Realtors
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: Western River Valley BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.