1 Oak St - Manufactured Housing/Mobile Housing FOR SALE


Colbert, OK 74733
$1,400,000 USD
214-842-3477
1 Oak St, Colbert, OK for Sale
$1,400,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/7
null | Request Cap Rate

1 Oak St
Colbert, OK 74733


OVERVIEW

26-Unit Mobile Home Park. Amazing Investment Opportunity: Mobile Home Park in Colbert, OK (8 miles north of Denison and 10 miles south of Durant) Discover an incredible investment in the quiet and delightful town of Colbert, OK, just 10 miles South of Durant and 8 miles North of Denison! There is massive room for growth and expansion on this property. Rents have not been raised in years. Roughly ¼ of the land has not been developed out, and there are currently 19 unused sites. Key Info: -There are 26 income-producing units. The average mobile home rent is $790, and the average lot rent is $275. This is way under market value, and these prices have not gone up in a long time. -This park is unique because every unit has its own electrical and water meter. There are also 18 unused meter bases. -There are 23 storage units that are currently vacant. Features of the Park: -Quiet Community -Backyard on some properties -Surrounded by neighborhoods and local businesses -Located close to attractions such as Choctaw Casino, Lake Texoma, and The Durant Downtown Historic District Located in Bryan County, Colbert lies on State Highway 91 near its intersection with U.S. Highway 69/75, making for convenient access to nearby cities. Send an email to jordanpettit0@gmail.com for more information if you are interested in this valuable investment opportunity!

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$233 USD /SF

# OF UNITS

26

PRICE/UNIT

$53,846

CAP RATE

Request Cap Rate

% LEASED

81%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.19 AC

LAND SF

443,876 SF

ZONING

R2

APN/PARCEL ID

0000-17-08S-08E-2-005-00

ASK ABOUT THIS PROPERTY

Jordan PettitDJI UnlimitedMore Info
214-842-3477

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

Jordan PettitDJI UnlimitedMore Info
214-842-3477

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