18100 Coker Rd - Manufactured Housing/Mobile Housing FOR SALE


Shawnee, OK 74801
$1,450,000 USD
405-414-9803
18100 Coker Rd, Shawnee, OK for Sale
$1,450,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/9
null | 10.07% Cap Rate

18100 Coker Rd
Shawnee, OK 74801


HIGHLIGHTS

  • BUILT IN 2022
  • ALL PARK OWNED 2022 MOBILE HOME RENTALS
  • 95% OCCUPANCY
  • OKC MSA

OVERVIEW

Western Park II is a $1,450,000, 20 site, Bethel, OK (OKC MSA) MHP, built in 2022, comprised of all 896' 16'x56' 2022 2 bed/2 bath rental homes. $72,500/site. 10.07% cap.95% occupied. 5.7 acres includes land to expand the park. The local builder/developer owners purchased the mobile home shells and installed interior framing, insulation, flooring, drywall, HVAC, kitchens, baths, front porches and both front and side entries. Gravel streets, septic sewers (1-4/septic), rural water. Water/sewer paid by the park and electricity paid by the tenant. Bethel Acres is a small bedroom community to OKC, 3,300 population with good schools. The city is adjacent to Shawnee, OK, population 32,000 and is part of the OKC MSA population 1.45M, located 30 miles east with easy access by I-40.There are 5 casinos within 7 miles. This park is one of 3 Bethel, OK parks for sale by this owner, along with the adjacent 59 site Western Park I ($2,850,000)and the 25 site Opening Doors ($1,200,000), located 2 miles away. All 3 parks are to be sold seperately or as a portfolio. Attached sales package includes information on all 3 parks.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$63 USD /SF

# OF UNITS

22

PRICE/UNIT

$65,909

CAP RATE

10.07%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Western Park II MHP

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.37 AC

LAND SF

364,800 SF

ZONING

-

APN/PARCEL ID

000033010003001902

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 Notice.