814 S Kern Ave - Multi-Family FOR SALE


Okmulgee, OK 74447
$1,500,000 USD
405-414-9803
814 S Kern Ave, Okmulgee, OK for Sale
$1,500,000 USD
Multi-Family - FOR SALE
1/11
null | 8.8% Cap Rate

814 S Kern Ave
Okmulgee, OK 74447


HIGHLIGHTS

  • 8 NEW PARK OWNED MOBILE HOMES 4 2024 3/2 CLAYTONS AND 4 2024 4/2 TRUES
  • $30,000 PER HOME RENOVATION OF 7 1970-1980s HOMES
  • $1,042/MO. AVG RENT
  • HOME VALUES ARE MORE THAN 1/2 THE PARK PRICE
  • 30 MINUTES TO TULSA OK

OVERVIEW

NEW LISTING NOV 2025! The Okmulgee OK Mobile Home Community, 24 sites, $1,500,000, 8.8% cap rate, sale includes 4 2024 3/2 Claytons-$1,300/mo., 4 2024 4/2 Trues-$1,400/mo. and 7 1970-1980s that seller has renovated at $30K each in the last 2 years. Avg rent is $1,042/mo. 84% occupancy with all POHs occupied. 2.5 acres MOL. The park pays all municipal utilities. The value of the park owned mobile homes is $790,000, or more than 1/2 the price. Okmulgee, population 11,322, is located in east central OK, 38 miles south of Tulsa, OK, population 1,050,000 and is in the Tulsa MSA. US route 75 runs N/S through the middle of the city and runs directly N. to Tulsa. 13 miles S. is the city of Henryetta, population 5,640 and I-40. Okmulgee is home to the Green Country Technology Center. In 2002, downtown Okmulgee was recognized as one of the top 5 Great American Main Streetsin the U.S.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$50 USD /SF

# OF UNITS

24

PRICE/UNIT

$62,500

CAP RATE

8.8%

% LEASED

84%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

OKMULGEE MOBILE HOME COMMUNITY

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

-

APN/PARCEL ID

0000-12-13N-12E-D-060-00

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.