Ownership is pleased to offer for sale an 11-pad manufactured housing community situated on approximately 6 acres in Stillwater, Oklahoma, home to Oklahoma State University. The Property is 100% physically occupied and includes 11 park-owned manufactured homes.
Electric and natural gas service is individually metered and billed directly to tenants by CREC and ONG respectively, while water is supplied by two on-site private wells and wastewater is treated through a private on-site sewage lagoon.
Beyond its stabilized in-place income, the Property offers a compelling value-add opportunity. Ownership's on-site lagoon is understood to have meaningful reserve capacity beyond the community's current home count, and a conceptual site plan has been developed illustrating the potential for approximately 15 additional land-lease pads across the Property's two tracts. Buyer is encouraged to independently verify expansion feasibility, including site engineering, utility capacity, setback requirements, and local permitting, during due diligence.