Mobile Home Park Details
- Listing ID: 1903809
- Posted On: Oct 6, 2022
- Updated On: Jan 6, 2023
Description
Colliers Manufactured Housing & RV Group presents the investment opportunity to acquire, South Acres MHC, a 45-lot mobile home community situated on 3.3 acres with public utilities, located in Bristol, Oklahoma along I-44 between Tulsa and Oklahoma City.
Offering Site: https://www.crexi.com/properties/914081/oklahoma-south-acres-mhc
Join email list and provide investment criteria: https://lnkd.in/g9xC5k-a
Location
The community is located near expanding MSA's Tulsa and Oklahoma City.
Market Rents have increased at a YOY rate of 8.9% in Oklahoma.
The Southern USA is the fastest growing region by population, outpacing even Western states with 10.2% growth since 2010 which accounted for nearly half of the country's overall population increase.
The communities have infrastructure in place and can be quickly improved to increase occupancy and rents through existing vacant homes and new homes.
Bristow, OK is a community of 5,000, located 30 minutes South of Tulsa, OK (Population 1M+) and is located 60 minutes Northeast of Oklahoma City (Population 1.4M+) on I-44, which connects the two cities. South Acres is the only sizable mobile home park in the area.
Offering Site: https://www.crexi.com/properties/914081/oklahoma-south-acres-mhc
Join email list and provide investment criteria: https://lnkd.in/g9xC5k-a
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 45 |
| Total Occupancy: | 53.0 % |
| Size: | 3 acre(s) |
Utility Information
| Water: | City |
| Sewer: | City |