310 W Corporation St - Manufactured Housing/Mobile Housing FOR SALE


Henryetta, OK 74437
$230,000 USD
918-209-9415
310 W Corporation St, Henryetta, OK for Sale
$230,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/11
null | 16.3% Cap Rate

310 W Corporation St
Henryetta, OK 74437


HIGHLIGHTS

  • 310 W Corporation Street presents an 18 Lot RV Park and a single family residence three-bed/ one-bath home.
  • A stabilized investment opportunity with low operating expenses and maintenance.
  • Theres a high opportunity for growth with current occupancy at 61%, rental rates set at nearly half of area comps, and positioned in a prime location.
  • The site has City utilities - municipal water and sewer and individually metered electric hookups.

OVERVIEW

310 W Corporation Street is a well-established RV park right off Highway 40 in Henryetta, OK. It offers prime visibility and easy access for travelers and long-term tenants alike. The park has 18 RV lots and a three-bedroom/ one-bath home perfect for on-site management or additional rental income. Each lot features individual connections to city water and city sewer systems. All new water lines have been installed throughout the property. Each lot has individually metered electric poles. Over the last year, the owner has made numerous improvements to the park, enhancing its overall condition and appeal. This is an excellent opportunity to acquire a turnkey operation with long-term tenants already in place. Projected Net Operating Income (NOI): $40,200. Cap Rate: TBD

FOR SALE DETAILS

PRICE

$230,000 USD

PRICE/SF

$230 USD /SF

# OF UNITS

19

PRICE/UNIT

$12,105

CAP RATE

16.3%

% LEASED

61%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

18 Lot RV Park and SFR Home

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

COM/IND

APN/PARCEL ID

2552-12-11N-12E-D-110-00

ASK ABOUT THIS PROPERTY

Julie EstrinChinowth & Cohen RealtorsMore Info
918-209-9415

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Julie EstrinChinowth & Cohen RealtorsMore Info
918-209-9415

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