With Maui? Wowie! Hochatown, Broken Bow make list for top investment (2024)
Hochatown, hard by Broken Bow in southeast Oklahoma, is drawing Texas investors to its booming cabin rental business like honeybees to a magnolia blossom.
Or Squatches to the woods. Bigfoots, that is.
So, it's no wonder that Maui, Hawaii, and Broken Bow-Hochatown, Oklahoma, just got mentioned in the same breath. They're on the same Top 25 list:
Maui was No. 1, but Denver-based AirDNA just reported the Broken Bow/Hochtatown area as one of the best markets for short-term rental investment in 2022, placing it 17th out of 265 U.S. markets tracked.
"Broken Bow earned the highest Investability score on our list with an astonishing annual revenue of $85K per year," the report said.
In case you missed it, unincorporated Hochatown, in McCurtain County, 240 miles southeast of Oklahoma City and 170 miles northeast of Dallas, is drawing Texas investors in droves.
They're saying it could be the next Branson, Missouri. It's already a destination, with hundreds of luxury cabins, some as big as lodges, for rent and hundreds more in the works.
"Like many other outdoor retreat destinations," Hochatown "has benefited from the pandemic-inspired drive" toward outdoor recreation, said AirDNA spokesman Madeleine Parkin.
Hochatown was already on a roll before COVID-19 hit and social distancing and other precautions made the area even more attractive for long weekend stays and vacations. Extra-low mortgage rates sparked more investment, almost all from Dallas-Fort Worth.
Hochatown wasn't alone, by any means. Short-term rental properties everywhere, in big cities, small- and mid-size cities, and rural areas like Hochatown are earning 39% more annually on average than they were before the pandemic, Parkin said.
It's become a $113 billion industry, she said, and the AirDNA report "offers a playbook for investing."
"Using the most extensive and granular dataset in the industry, the research groups various metrics into three key pillars: revenue growth, rental demand and investability, to make our proprietary AirDNA Investor Score."
Broken Bow-Hochatown's Investor Score was 75. But its Investability Score was 100. Revenue Growth Score was 43. Rental Demand Score was 58.
AirDNA introduces would-be investors to Hochatown like this:
"Set in the foothills of the Kiamichi Mountains, Broken Bow is a small city in southeastern Oklahoma. Home to Broken Bow Lake, it provides a gateway for tourists to visit Beavers Bend State Park, Hochatown State Park, and Cedar Creek Golf Course at Beavers Bend.
"A popular year-round destination for regional travelers, the area is best known for its lake activities, abundance of wildlife, and pine forest trails.
"Broken Bow earned the highest Investability scoreon our list with an astonishing annual revenue of $85K per year. Investment properties in Broken Bow have grown 50% in popularity since last year, with more than 2,200 homes now available for short-term rent."
Plumb crazy, to put it in the local native vernacular. I do speak eastern Okie as a second language. Looky here at these big dogs little (for now) Hochatown is running with, AirDNA's Best Short-Term Rental Markets in 2022:
1. Maui, Hawaii.
2. Kenai Peninsula, Alaska
3. Chattanooga, Tennessee
4. Gulfport-Biloxi, Mississippi
5. Slidell, Louisiana
6. Crystal River, Florida
7. Joshua Tree, California
8. Charleston, South Carolina
9. Galena, Illinois
10. Southwest Harbor, Maine
11. Three Rivers, California
12. Gainesville, Florida
13. Buffalo, New York
14. Brookings, Oregon
15. Helen, Georgia
16. Townsend, Tennessee
17. Broken Bow, Oklahoma
18. Key West, Florida
19. Cloudcroft, New Mexico
20. Kansas City, Missouri
21. Williamstown, Kentucky
22. Memphis, Tennessee
23. Black Hills, South Dakota
24. St. Louis, Missouri
25. Santa Rosa, California
Allow me:
Hochatown, Oklahoma, population 242 — Sah-LOOT!
Senior Business Writer Richard Mize has covered housing, construction, commercial real estate, and related topics for the newspaper and Oklahoman.com since 1999. Contact him at rmize@oklahoman.com.
Travelers flock to Broken Bow each year for its natural beauty and small-town vibes, making it a great option for buyers in search of a strong vacation rental investment.
One of the first things to note is we reference "Broken Bow" as well as "Hochatown". Broken Bow is a town right before you get to Hochatown which is where Broken Bow Lake is located. Hochatown is the area that most of the activities that we reference in this travel guide are located.
So why is Broken Bow so popular? Because it is a convenient and beautiful location. It has plenty to do and plenty to eat. And, last but not least, the cabins (especially at Pine Lake) are gorgeous!
The average price for a used compound bow is usually somewhere between $200 to $400. However, the total value will depend on several factors, including the condition of the bow and the specific make and model. Making sure that your bow is in good condition can help you get a higher price.
If you're a beginner, then you can get a good Compound Bow to start with for around $300. If you're not just starting out, and have some experience behind you, a good compound bow will likely cost around around $500 to $1000.
In the ancient Near East, kingly status, military power, and the right to rule were all symbolized by the bow. 1 Thus “to break the bow” was a common idiom which meant to bring an enemy or ruler into submission.
Located in the foothills of the Kiamichi Mountains, Broken Bow, Oklahoma, is among the region's finest destinations for nature lovers, golf enthusiasts, and foodies alike. With a population of just over 4,000, this Oklahoma town offers respite, breathtaking views, and good eats.
For the latest quarter assessed by the U.S. EPA (January 2021 - March 2021), tap water provided by this water utility was in compliance with federal health-based drinking water standards.
The deepest point of Broken Bow Lake is about 185 feet. However, the average depth is about 62 feet or 19 meters. Broken Bow Lake has a surface area of 5,700 hectares (about 14,000 acres). The lake reservoir holds 1,971.1 million cubic meters of water.
The park is home to a variety of animals and birds, including beavers, deer, wild turkeys, and bald eagles. Visitors may also spot bobcats, raccoons, foxes, and coyotes in the park.
A more expensive bow won't necessarily make you more accurate. In fact, some faster, more expensive bows give beginners trouble. “You want a bow that's forgiving and easy to shoot because you're learning,” Wenberg said. “Speed is good, but it's also touchy and amplifies mistakes.”
#2: Bows show the biggest price drop between six to seven years old. After this price drop, their price pretty much stays constant. This means that If you have an old bow lying around in storage, and you intend to sell it one day, you probably should do it sooner rather than later.
The answer is no. With today's technology, you really don't need an expensive bow to hunt or shoot a target. What you actually get from an expensive bow, is to say that you have an expensive bow. Sure, there are nice bells and whistles on expensive bows, but nothing that is game changing.
Ideally, bows used for hunting deer should have a draw weight of at least 40lbs, at a peak draw of 28 inches. In Olympic archery, competitors use recurve bows with a mechanical sight that draw an average of around 48.5 pounds for the men and 33 pounds for the women.
Making a high-quality bow requires a level of craftsmanship akin to making a high-quality violin. Many small parts are integrated and a combination of metalworking and woodworking is utilized in the bow-making process.
God said, 'This is the sign of the covenant that I make between me and you and every living creature that is with you, for all future generations: I have set my bow in the clouds, and it shall be a sign of the covenant between me and the earth.
A broken arrow represents the idea of burying the hatchet, or putting aside a quarrel for the greater good—whether that be the self or an external element. A single arrow by itself also stands for protection against harm or peace, though more in an individual, personal sense.
A curtsy (also spelled curtsey or incorrectly as courtsey) is a traditional gendered gesture of greeting, in which a girl or woman bends her knees while bowing her head. In Western culture it is the feminine equivalent of bowing by males.
The two casinos are only 9.7 miles apart, so it is quite feasible to cover both casinos in the same trip. Both Casinos are excellent entertainment choices; however, the casino is Broken Bow has more gambling choices whereas the one in Idabel has more entertainment options.
The Beavers Bend area has you covered. Take the kids roller skating at the Broken Bow Skateway or the Rocket Roller Rink in Idabel. Stop in for some free samples and purchase a variety of delightful confections at the WhipPoorWill Fudge Factory & Sweet Shoppe in Hochatown.
Broken Bow, located at the foothills of the Kiamichi Mountains in Southeastern Oklahoma, is a majestic playground steeped in natural resources that promise a grand vacation adventure.
There is one area of Broken Bow Lake that offers the best fish spots in Broken Bow for fly fishing. It's called the four-mile trophy section. What makes it so perfect is that no boats are allowed in this small designated area. However, you must be aware that barbed hooks are also not allowed in this part of the lake.
Boiling water is the preferred method of purification because disease-causing- microorganisms cannot survive the intense heat. Bring water to a rolling boil for 1 minute. Pour the water back and forth from one clean container to another to improve the taste. Adding a pinch of salt could also help.
Broken Bow Lake has 180 miles of shoreline with designated swim beaches located throughout, and the rest of the many lakes, rivers, streams and ponds around Beavers Bend are ready and waiting when the mood strikes you to jump in and cool off.
It is a clear, clean, and magnificent lake that stretches over 20 miles into the Ouchita and Kimichi wilderness. The lake consists of more than 14,000 acres and 180 miles of shoreline. With it's pristine shimmer, the water attracts travelers year round.
Broken Bow offers numerous hunting and fishing opportunities. Game species include large game such as deer, turkey and feral hog. Abundant small game populations exist in the hills surrounding Broken Bow. Fish common in Broken Bow include Largemouth Bass, Smallmouth Bass, Hybrid Striped Bass and Sand Bass.
A small population of alligators live in far southeastern Oklahoma, but Broken Bow Lake is not a place where they are usually seen, Virgin said. The nearby Little River with its numerous sloughs, oxbow lakes and swampy bottom land has a habitat much more suitable for alligators, he said.
Sightings and evidence of cougars have been documented back to 1852, where two cougars were killed in southwest Oklahoma. Accounts continued into 1953 when an Oklahoma State University mammalogist documented tracks of a mountain lion southeast of Canton Lake in northwest Oklahoma.
EARLY DAY HISTORY In 1820, a treaty was signed between the Federal Government and the Choctaw Indians providing for an exchange of Choctaw Indian Lands in Mississippi for a large part of the southeastern portion of what is now the State of Oklahoma.
Cabins have great appreciation value as long as they are properly maintained. This value brings a significant and handsome return on investment when you decide to buy one. It is profitable and an excellent investment to venture into.
While a log cabin is often less expensive to build than a typical home, cabins actually have a similar cost per square foot. The main difference affecting price is that log cabins tend to be much smaller than traditional homes.
The price is $20 for guests ages 13 and older and $15 for ages 4-12, seniors age 65 and older, and military.Ages 3 and younger are free. Reservations are not required but are suggested.
Mike Daillak and his partner Rhasaan Fernandez bought Sam's Log Cabin in Albany in 2010, and, later this year, they plan to be celebrating their 10th anniversary of owning the super-popular brunch spot.
The Broken Bow OK crime rate for 2018 was 466.95 per 100,000 population, a 4.27% decline from 2017. The Broken Bow OK crime rate for 2017 was 487.8 per 100,000 population, a 34.97% decline from 2016. The Broken Bow OK crime rate for 2016 was 750.06 per 100,000 population, a 14.84% increase from 2015.
As a result of changing your archery setup every single year, you'll simply become better at tuning your bow. If you get a new bow each year, that means each year you have to play with your rest, sight, arrow setup, and anchor point.
Disadvantages of a compound bow: The disadvantage of a compound bow is that it has a more modern feel, for those looking for that back-to-the-roots experience. It also means that stringing, tuning, and maintaining your bow requires more gadgetry and skill.
Opportunity Zones offer tax benefits to investors who elect to temporarily defer tax on capital gains if they timely invest those gain amounts in a Qualified Opportunity Fund (QOF).
Because Qualified Opportunity Funds are income tax planning tools and are investment options for taxpayers, these investments may involve risk. Like many other types of investments, the risks may potentially include market loss, liquidity risk, and business risk, to name just a few.
Broken Bow is also known to be home to larger animals such as Black Bears and Mountain Lions but they are less commonly seen as many of the other animals I listed.
Going to three to four days of practice every week will ensure that you build your physical stamina, as well as your mental stamina. Your arrow volume for each session will also have to go up slightly to ensure that you “have it in you” to finish a competition strong.
If you want to be a “great” archer, someone that can put the arrow into the yellow all the time, you need to shoot 100-120 arrows per day 5 times a week. If you want to be a “champion” archer, someone who can put the arrow into the 10 most of the time, you need to shoot 5 times a week with at least 120 arrows per day.
Based on years of research and data, compound bows are known to last at least 15 to 18 years, depending on care and how it's used. What is this? Moreover, this lifespan can be increased with top-notch care, which generally entails replacing parts and steady upkeep throughout the bow's lifetime.
Answer: On most compound bows, we suggest 24/26 strands of X-99®. Many recurve shooters like 8125® which is 100% Dyneema®, shoots fast and has low creep.
Introduction: My name is Mrs. Angelic Larkin, I am a cute, charming, funny, determined, inexpensive, joyous, cheerful person who loves writing and wants to share my knowledge and understanding with you.
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