Contact Information

Carolyn Padron

CONTACT SELLER

Price: $995,000
Purchase Method: Cash, Seller Financing
Listing ID: 7053401
Posted On: Jul 7, 2026
Updated On: Jul 8, 2026

Description

Exceptional Value-Add Opportunity – 115-Site Mobile Home Community in Elk City, Oklahoma
Investor Highlights
115 manufactured home pads
Offered at less than $10,000 per pad
Over 20 acres of land
Approximately 5-acre development parcel within the community
City water and city sewer
Individually metered electric and natural gas
Excellent value-add and reposition opportunity
Expansion potential for additional home sites, RV sites, or self-storage (subject to approvals)
Located in the regional commercial and healthcare hub of Western Oklahoma
Strong demand for affordable housing
Ideal for both short-term repositioning and long-term investment

Queen City MHP, doing business as Elk Landing Estates, presents a rare opportunity to acquire a 115-pad manufactured housing community in the heart of Elk City, Oklahoma—one of western Oklahoma's strongest regional markets for affordable housing.

Offered at less than $10,000 per pad, this property provides investors with tremendous upside through occupancy growth, operational improvements, redevelopment, and long-term appreciation.

Situated on just over 20 acres, the community is served by city water and city sewer, with individually metered electric and natural gas at each lot, minimizing utility expense and simplifying operations.

One of the property's most compelling features is an approximately 5-acre parcel located in the center of the community, creating exceptional flexibility for future development. Investors may choose to expand the community with additional manufactured home sites, develop RV spaces, construct self-storage facilities to serve both park residents and the surrounding neighborhoods, or pursue other complementary uses, subject to local approvals.

Elk City is much more than a town of approximately 11,000 residents. It serves as the regional retail, medical, employment, and commercial center for much of western Oklahoma and the eastern Texas Panhandle, drawing consumers, workers, and businesses from a multi-county trade area. Major employers include the energy, healthcare, transportation, agriculture, manufacturing, and construction industries, all of which continue to support demand for quality workforce housing.

Historically, Elk City has recognized the importance of manufactured housing in meeting the area's affordable housing needs and has generally maintained a favorable environment for well-managed manufactured home communities.

Whether you're seeking an immediate value-add project or a long-term asset with significant appreciation potential, Elk Landing Estates offers an exceptional combination of affordable acquisition cost, existing infrastructure, expansion opportunities, and multiple paths to increasing value.

Communities of this size, at this price point, with city utilities, expansion acreage, and substantial upside are becoming increasingly difficult to find. Park map, recent survey, tax record, 2025 Profit & Loss and recent clean Phase 1 attached.

Location

Elk City, Oklahoma offers the best of rural living with the conveniences of a regional hub. Located along Interstate 40 in western Oklahoma, Elk City serves as the commercial, healthcare, and employment center for much of western Oklahoma and the eastern Texas Panhandle.

Residents enjoy a low cost of living, short commute times, and the ability to own larger homes and acreage at prices that are difficult to find in larger metropolitan areas. Whether you're raising a family, retiring, or looking for a quieter lifestyle, Elk City combines small-town hospitality with the services of a much larger community.

Amenities Include
Regional medical center and specialty healthcare
Multiple grocery stores and national retailers
Restaurants ranging from local favorites to national chains
Excellent public schools and nearby higher education opportunities
Parks, walking trails, playgrounds, and sports facilities
Golf course and country club
YMCA, fitness centers, and recreational programs
Historic downtown shopping and dining
Museums including the nationally recognized National Route 66 Museum
Public library
Movie theater
Municipal airport
Churches representing numerous denominations
Modern internet and utility infrastructure
Outdoor Recreation

Nature lovers have easy access to:

Hunting and fishing
ATV and off-road trails
Nearby lakes
Camping
Hiking
Bird watching
Wide-open prairie landscapes with spectacular sunsets

Within a short drive are destinations such as Foss State Park, Black Kettle National Grassland, and portions of historic Route 66.

Strong Economy

Elk City's economy is supported by several industries, including:

Oil and gas
Wind energy
Agriculture
Transportation and logistics
Healthcare
Manufacturing
Construction
Regional retail and professional services

Because it serves as the regional shopping and business center for western Oklahoma, residents from dozens of surrounding communities regularly travel to Elk City for work, healthcare, and shopping.

Convenient Location

Elk City sits directly on Interstate 40, providing easy access to:

Oklahoma City – approximately 110 miles east
Amarillo – approximately 110 miles west
Clinton – about 25 minutes away
Weatherford – about 45 minutes away

This central location makes Elk City an attractive home base for both businesses and commuters.

Why People Choose Elk City

People are often surprised by what Elk City offers. Instead of traffic congestion and high housing costs, residents enjoy short drives, affordable real estate, a strong sense of community, and easy access to everyday necessities. It's a place where families can own larger homes, retirees can stretch their retirement income, and businesses can operate with lower overhead while still serving a broad regional market.

Knowing your experience in property management and real estate, I would emphasize one thing even more:

Elk City isn't just a town of 11,000 people—it's the retail, medical, employment, and service hub for a trade area of roughly 50,000 to 70,000 people across western Oklahoma and the eastern Texas Panhandle. That distinction is important because it explains why the community supports amenities that would normally be found in a much larger city.

For marketing homes, RV parks, or commercial property, that's a much stronger narrative than simply calling it a "small town."

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