Contact Information
Michael Nissley
Colliers Manufactured Housing & RV Group
Mobile Home Park Details
- Price: $3,750,000
- Purchase Method: Cash, New Loan
- Listing ID: 6838799
- Posted On: Mar 7, 2025
- Updated On: Apr 7, 2025
Description
Colliers Manufactured Housing & RV Group, as exclusive agent for the Owner, is pleased to offer the opportunity to acquire the 138-site Golden West Mobile Home Community, a well-located affordable housing opportunity located directly off U.S. thoroughfare 183 and 3-miles south of I-40 in Custer County, providing convenience to major metro Oklahoma City approximately 88 miles west.
The property is inclusive of 138 total sites with 30 tenant-owned homes, 32 park-owned homes, 24 RV sites, and 52 vacant sites.
Golden West MHC provides investors with expertise in stabilization and operations a prime value-add opportunity.
The asking price for the park is $3,750,000 ($27,174/total site). This represents an 12.6% cap rate on stabilized.
https://www.crexi.com/properties/1822313/oklahoma-golden-west-mobile-home-community
Location
https://www.crexi.com/properties/1822313/oklahoma-golden-west-mobile-home-community
If this one doesn't match your investment criteria, you can visit this link to update your criteria: https://visitor.r20.constantcontact.com/manage/optin?v=001G32ScgsZ-HBaN-LLw8ymaONrfaIP08gsvDJTr6rIEhJKAZWFDhdVbKp_vVZVTJ_yH9rY23ISFnLm_FTWgYaFrXLY1Q4uQUoukF574_gTkY4%3D
You can view our other opportunities here: https://www.crexi.com/profile/mike-nissley-mikeni
If you have a property you would like to sell or receive a valuation on, visit this link:
https://lp.constantcontactpages.com/su/buJbxgS/1031seller
Colliers Manufactured Housing & RV Group Linkedin Page:
https://www.linkedin.com/company/35565066
MH Park Groups:
https://www.facebook.com/groups/1971542136217030
https://www.linkedin.com/groups/12180353
RV Park Groups:
https://www.facebook.com/groups/2040575082699586
https://www.linkedin.com/groups/12180303
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 138 |
| Total Occupancy: | 38.0 % |
| Year Built: | 1983 |
| Size: | 41 acre(s) |
Utility Information
| Water: | City |
| Sewer: | Septic |
