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.
41 days
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129
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7
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Zillow last checked:
Listing updated:
Listed by:
Joshua Harmon479-719-0344,
Harmon Real Estate Company
Source: Western River Valley BOR,MLS#: 1089500Originating MLS: Fort Smith Board of Realtors
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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.
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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.