200 Folsom Street, Poteau, OK 74953
Local realty services provided by:CENTURY 21 First Choice Realty
Listed by: joshua harmon
Office: harmon real estate company
MLS#:1089500
Source:AR_FSBOR
Price summary
- Price:$1,500,000
- Price per sq. ft.:$77.74
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.
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Home facts
- Year built:1995
- Listing ID #:1089500
- Added:1 day(s) ago
- Updated:June 04, 2026 at 11:17 AM
Rooms and interior
- Flooring:Vinyl
- Living area:19,296 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Architectural, Shingle
- Year built:1995
- Building area:19,296 sq. ft.
- Lot area:1.29 Acres
- Lot Features:Subdivision
- Construction Materials:Vinyl Siding
- Levels:2 Story
Schools
- High school:Poteau
- Middle school:Poteau
- Elementary school:Poteau
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$77.74
- Tax amount:$7,383
Features and amenities
- Appliances:Electric Water Heater
Parking
- Parking description:Parking Lot
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