Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Listing ID: 465566
  • Posted On: Aug 15, 2014
  • Updated On: Jan 6, 2015

Description

• The park is nearly full, producing steady cash flow from month-to-month.
• Walking Distance to BAHS, the only high school in Broken Arrow. BAHS Received an A+ rating on the Oklahoma State Department of Education Accountability Report.
• Community serviced by public utilities and residents are billed back for water and sewer.
• Fran Kirk exhibits a high level of pride in ownership with a clean and well-kept property consistently attracting reliable tenants.
• Community features an attractive, well cared-for, low density layout.
• Includes single family home currently renting for $850 a month.

Location

• Broken Arrow was listed as #66 and #69 in Money Magazine’s 2006 & 2012 list of the 100 best places to live.
• A 2007 crime survey identifies Broken Arrow to be the 22nd safest city in the nation and the safest city in Oklahoma.
• Tulsa, which is 1.5 Miles from Fran Kirk, is ranked the 14th fastest growing MSA in the country regarding 2011 per capita personal income.
• Tulsa’s major industries are aerospace, including aerospace manufacturing and aviation; health care; energy; machinery and electrical equipment manufacturing and transportation; and distribution and logistics.
• The Fiscal Times in 2011 ranked Tulsa the fourth best city in the country to find a job, and in 2012 data from the Bureau of Labor Statistics showed Tulsa was ranked eighth among the largest U.S. cities for growth in manufacturing jobs.
• Many high-profile businesses have recently announced plans to locate in the Tulsa region including Macy’s, Verizon, Midstates Petroleum and Garmin International.

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Park Information

Community Type: All Age
Number of MH Lots: 25
Total Occupancy: 88.4 %
Year Built: 1962
Average MH Lot Rent: $210
Size: 10 acre(s)

Financial Information (Actual)

Gross Income: $73,019
Operating Expense: $18,807
Net Operating Income: $54,212
Expense Ratio: 25.8 %

Lot Information

Singlewide Lots: 25

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

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