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Brock Rd Mobile Home Park - Ardmore, OK 15 Shelly Ln 47 Unit Mobile Home Park $1,784,656 CAD ($37,971 CAD/Unit) 7.49% Cap Rate Ardmore, OK 73401
Investment Highlights
- 47 Total Sites, 35 Tenant-Owned Homes, 2 Vacant Park-Owned Homes, 2 Vacant Park-Owned Homes & 1 Single-Family Home
- The Lagoon System is Not Included in Sale Price
- The Lagoon System Can Be Sold For an Addi onal Price, or the Property Will Need to Pay For Service Going Forward
- City Water & Lagoon System, Water & Electric Are Direct Billed to Tenants & No Owner-Paid Water or Electric Expense
- The System Currently Cervices the North Subdivision; Each Home in the Subdivision Pays $40/Month, Totaling $15,360 Annually
- 1,350 SF, Built in 1998 & 3 Bed / 2 Bath
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the Brock Road Mobile Home Park located at 15 Shelly Lane in Ardmore, Oklahoma. This 47-site community consists of 35 tenant-owned homes, 2 vacant park-owned homes, 10 vacant lots (including 5 RV-capable sites) and 1 single-family home. The property benefits from very low owner expenses, creating an efficient operational structure and providing investors with a strong value-add opportunity through the lease-up of vacant sites and continued stabilization of the community.
In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754
In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754
Property Facts
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 2990-29-04S-01E-3-022-00 | Improvements Assessment | $12,117 CAD |
| Land Assessment | $8,414 CAD | Total Assessment | $20,531 CAD |
Property Taxes
Parcel Number
2990-29-04S-01E-3-022-00
Land Assessment
$8,414 CAD
Improvements Assessment
$12,117 CAD
Total Assessment
$20,531 CAD
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Brock Rd Mobile Home Park - Ardmore, OK | 15 Shelly Ln
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