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Tara Limbird

Principal Broker | Operator | Limbird Real Estate Group | PLACE

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200 Folsom St , Poteau, OK 74953
$1,500,000
Est. Payment: $7,933.73/mo
0 Bed
0 Bath
19296 Sqft
Status: active | Days on site: 80
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Tara Limbird
Principal Broker | Operator

House Description

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.

Highlights

Listed by Joshua Harmon , 479-719-0344 Harmon Real Estate Company , 479-546-0109. Fort Smith Board of Realtors

Property Type

Residential

Lot/Acreage
1.29

Year Built

1995

County

Leflore

Neighborhood

Poteau Main Town

School District

Poteau

Listing ID

1089500

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Electric Water Heater
Air Cond:Central Air
Fireplaces:
Floor:Vinyl

Exterior Features

Lot:Subdivision
Lot Dimensions:-
Roof:Architectural,Shingle
Others:
  • Additional:Concrete Driveway
Parking Features:Parking Lot
Principal Interest
$7,934
Taxes
$615

Home Price

$1,500,000

Loan Details

30 yrs
6.938%

Down Payment

20%
$300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,933.73

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,933.73 $615.25 $0.00 $8,548.98
Yearly $95,204.71 $7,383.00 $0.00 $102,587.71
Total $2,856,141.29 $221,490.00 $0.00 $3,077,631.29

Today's Rates

30 Year

6.94%

20 Year

6.36%

15 Year

6.12%

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Market insight data is pulled from the same city as the listing being viewed (Poteau, OK).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Fort Smith Board of Realtors and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-24T01:12:06.000Z

© 2026 Fort Smith Board of Realtors