347203 E Highway 66 - Manufactured Housing/Mobile Housing FOR SALE


Chandler, OK 74834
$1,695,000 USD
405-414-9803
347203 E Highway 66, Chandler, OK for Sale
$1,695,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/24
null | 9.57% Cap Rate

347203 E Highway 66
Chandler, OK 74834


HIGHLIGHTS

  • 100% OCCUPIED RV MH PARK FOR $17K/SITE!
  • MOM/POP 2,000' HOME OPENING TO OFFICE/LAUNDRY INCLUDED
  • 4.79x GROSS
  • 9.57% CAP
  • IN THE OKLAHOMA CITY MSA

OVERVIEW

NEW LISTING 100% OCCUPIED 84 SITE OAK GLEN MH/RV PARK FOR SALE FOR $1,695,000 - $17K/SITE!!!! 4.79x GROSS, 9.57% cap, located in Chandler, OK, which is in the Oklahoma City MSA, 35 minutes to OKC on I-44 Turner Turnpike, the park has 57 RV sites @$400-30 amp, most are $430-50 amp , 23 TOH MH @$250 and 4 POH @ $495. Can easily expand to 94 sites as 2 additional POH are being removed to accomodate 10 new RV sites. 10 undeveloped acres could double the park size. 40.8 acres, outdoor pavilion and bathrooms. Fishing pond. Sale includes the mom/pop 2,000' $200,000 residence which opens to an 800' office/laundry. This home can be offered to new buyer or as part of new managers compensation package. Municipal water-master metered, sewer provided by 5 lagoons (3 built since 2018)cannot be seen, at back of park. The park pays for all utilities except for electricity for MH's. Dump area for RVs. The park fronts on the famous Route 66, 2 miles from I-44, 35 minutes to OKC, pop. 1.45M, and 55 minutes to Tulsa, pop. 1.05M. The city of Chandler population 3,000, is growing east towards the park and Walmart is 1 mile away.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$0.95 USD /SF

# OF UNITS

84

PRICE/UNIT

$20,179

CAP RATE

9.57%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oak Glen RV MH Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

PARKING SPACES

-

LAND DETAILS

LAND ACRES

40.8 AC

LAND SF

1,777,248 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Keith WilsonKeith Wilson Co.More Info
405-414-9803

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Keith WilsonKeith Wilson Co.More Info
405-414-9803

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.