400 E Main St - Manufactured Housing/Mobile Housing FOR SALE


Disney, OK 74340
$400,000 USD
918-694-0508
400 E Main St, Disney, OK for Sale
$400,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/31
null | Request Cap Rate

400 E Main St
Disney, OK 74340


HIGHLIGHTS

  • 400 E Main St is a 37-space RV park with 28 full hookup sites, four mobile home spots, three partial hookup spots, and two primitive campsites.
  • Disney, OK, is a world-class rock crawling and off-roading destination, with numerous recreational demand generators offered throughout the year.
  • The Dam Rec RV Park has a leasing office/ shop on-site with two full baths and a coin-operated laundry facility for additional income.
  • Recently, the park has averaged four lots rented on long-term agreements, while the rest are short-term.

OVERVIEW

The Dam Rec RV Park, at 400 E Main Street, is pleased to be presented to the market as an income-generating, value-add investment opportunity. This is a 37-space RV park with four of the sites occupied with long-term tenant-owned mobile homes. Over the last two years, it has averaged an additional four lots rented to long-term RV tenants; the rest of the business is short-term RV lot rental. Disney, Oklahoma's main event traffic is for 4x4 rock crawling and offroad racing events, which have generated about 10% occupancy on the additional spaces annually. The park has 28 full hookup sites outside of the four mobile home spots, three partial hookup sites, and two primitive campsites. There is a 40x40 shop on the property with two full bathrooms and a coin-operated laundry room. There are four septic systems and one aerobic system. Currently, the campground booking is hosted through Campspot.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

37

PRICE/UNIT

$10,811

CAP RATE

Request Cap Rate

% LEASED

25%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Dam Rec RV Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

PARKING SPACES

38

LAND DETAILS

LAND ACRES

4.5 AC

LAND SF

196,020 SF

ZONING

R

APN/PARCEL ID

E001-00-006-020-0-001-00

ASK ABOUT THIS PROPERTY

Corbin MarcotteThe Investors BrokerMore Info
918-694-0508

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

Corbin MarcotteThe Investors BrokerMore Info
918-694-0508

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