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
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 |