Contact Information

Jordan Pettit
DJI Unlimited

Mobile Home Park Details

  • Price: $1,400,000
  • Listing ID: 6859755
  • Posted On: Apr 2, 2025
  • Updated On: Apr 3, 2025

Description

Discover an incredible investment in the quiet and delightful town of Colbert, OK, just 10 miles South of Durant and 8 miles North of Denison! There is massive room for growth and expansion on this property. The owner has not raised rents in years. Roughly ¼ of the land has not been developed out, and there are currently 19 unused sites.

Key Info:

-There are 23 income-producing units. The average mobile home rent is $790, and
the average lot rent is $275. This is way under market value, and these prices have
not gone up in a long time.
-This park is unique because every unit has its own electrical and water meter.
There are also 18 unused meter bases.
-There is a large storage facility with 13 spaces that could be turned into income-
producing units and 10 storage containers that can be used for storage rent.

Features of the Park:

-Quiet Community
-Backyard on some properties
-Surrounded by neighborhoods and local businesses
-Located close to attractions such as Choctaw Casino, Lake Texoma, and The
Durant Downtown Historic District

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 23
Total Occupancy: 95.0 %
Size: 10 acre(s)

Utility Information

Water Paid By: Tenant - Individual Service

Park-Owned Homes

Number of Park-owned Homes: 19
Average Rent for Park-owned Homes: $790