3150 W North Ave - Manufactured Housing/Mobile Housing FOR SALE
Ponca City, OK 74601 |
3150 W North Ave
Ponca City, OK 74601
HIGHLIGHTS
- This exceptional offer provides a 116-site workforce housing community at approximately 20% of replacement cost.
- The park includes a storm shelter, restrooms, walk-in showers, kitchen space, security cameras, laundry facilities, a dog park, and a playground.
- Offered at just $5,172 per site, the park boasts an impressive cap rate of 11.83% (2023).
- This property is being offered with gross scheduled rents at just 0.5x the asking price. (less than one)
- A prime location near Phillips 66 oil Refinery drives a large workforce tenant base seeking short-term accommodation.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Junction West Ponca City Cabins MH/RV Park
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Manufactured Housing/Mobile Housing
TOTAL BUILDING SIZE
1000
STORIES
1
YEAR BUILT
2007
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
8000-06-025-02E-1-010-00
