$850,000 • 20 acres
The Lightning C Arena is a family owned and operated business and facility positioned on 20 acres MOL just East of McAlester, Oklahoma. The facility sits approximately .2 miles North of US-270 and is located 6 miles southeast of downtown McAlester, OK, 139 miles from Oklahoma City, OK, and 180 miles from Dallas, TX.
Lightning C Arena is a unique business and investment opportunity for those with a passion for livestock and equine or those interested in event hosting. While the potential and opportunities are vast, the current income generated from the facility is derived from the following: proceeds from concessions, entry and gate fees, arena rental, equine treadmill appointments and training, stall rental, and RV hookups.
The current owners of Lightning C Arena have hosted and/or offered a variety of attractions and events such as team roping, barrel racing, calf roping, steer wrestling, bull riding, bareback bronc riding, mutton bustin, a circus, and even monster trucks. In recent years, the current owners have expanded the Arenas reach and audience. This past May, Lightning C Arena hosted the Monster Truck Summer Heat Tour to great pomp and fanfare.
The main building, which is approximately 66,000 square feet, is primarily used for equine and livestock productions. It is a pre-engineered steel frame structure with a concrete pier foundation and enameled steel roof and sidewalls. The southern end is partially opened to provide ventilation for the facility. This structure has a septic system and is serviced by rural water and includes a 600 square foot, fully functioning concession stand, a generously sized, enclosed, and climate controlled announcers stand, patron seating for hundreds of people, and public restrooms. It also offers a well designed tack room with swinging wall, five (5) bucking chutes, back pens for livestock holding, and a WW stripping chute near the warm up area. For its barrel-racing events, the facility utilizes a laser system for accurate timing and scoring. One of the other more unique features of the arena is the equine treadmill system by the Hydro Horse Company. These systems are designed to aid equine in rehabilitation training and/or strength and conditioning.
South of the main arena, on the southern portion of the property are two partially covered structures. These buildings provide 76 covered stalls for the property and are approximately 12,000 square feet in size.
There are 29 electric RV hookups servicing the arena for short-term rentals, with no septic service. The current owner has been approached in the past about expanding and increasing the capacity and capability of the RV portion of the arena to serve a wider audience of customers. A potential buyer would need to evaluate the feasibility of such a project but the propertys size would lend itself well to a potential expansion of this part of the business.
The owners quarters are particularly spectacular and impressive. It is a two level home, with central heat and air, featuring an open floor plan on the main level. The main level of the home has a sizable, fully furnished kitchen with oversized island. The master bedroom is just off the living room and includes a uniquely designed and well-constructed bathroom. The second level has a general bathroom with shower, along with three large bedrooms. One of the bedrooms also includes a full bathroom.
Lightning C Arenas general location and proximity to U.S. Route 69, U.S. Route 75, and Interstate 40 provide it with an ideal location for drawing a variety of patrons and customers from a vast area. The opportunity for a potential buyer to come into a well-established, well-known, and well-respected business is something that can be difficult to emulate and create organically, but with Lightning C Arena, that is what you get.