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.
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 |