Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1610972
  • Posted On: Feb 23, 2022
  • Updated On: Feb 23, 2022

Description

New OK park listing Feb 2022! Countryaire, a 130 site MH/RV Park located in Woodward, OK. 56 MH/74 RV, 9.7-15.5% cap, $16,923/site, 3.6-4.7x income, includes 56 MH of which 47 park are owned mobile home rentals, always 100% occupied, $426-$570/mo, 5 site rent @ $230/mo, 2 2010 bunkhouses @ $550/mo. 80'x130' 74 RV, $400/mo. (90%) 35' x 60', city water but owner can use well water if desired. 2 cell sewer lagoon, gravel roads, very clean park, 41 acres-low density, includes additional undeveloped land in the middle of the park. historically MH always full and RV 50% avg/yr. but it has been 97% full the last 4 months

Location

Woodward, OK, population 12,500, is the commercial hub of NW OK. Largest city in a 9 county area. The park lies just outside the city limits to the SW. 1 mile from the High Plains Technology Center and 3 miles from a WalMart Supercenter.

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