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Skyline MH/RV Community 3200 E Reno Ave 97 Unit Mobile Home Park $8,487,150 CAD ($87,496 CAD/Unit) 6.92% Cap Rate Oklahoma City, OK 73117
Investment Highlights
- 90% TOH RENTS
- IN THE HEART OF OKC JUST EAST OF DOWNTOWN
- 92% OCCUPANCY
- 6.92% CAP RATE
- 1 BLOCK FROM I-35/I-40 INTERCHANGE
- LANDLORD FRIENDLY MUNICIPALITY
Executive Summary
NEW OKC KEITH WILSON CO. MARCH 2026 LISTING: 97 site Skyline MH/RV park, in the heart of OKC, 92% occupancy (historical), $6,195,000, 6.92% cap, $501-MH and $527-RV avg. rents, 90% site/TOHs. Excellent wide asphalt streets with curbs and concrete parking pads. Sale includes 16 POHs valued at $360,000. Built in 1977 on 6.25 acres. The park provides municipal sewer. Water is also provided by the park on 2 wells. Trash and electricity is billed back to the tenants. The park is positioned just east of downtown OKC, only 2 blocks from the I-35/I-40 interchange providing direct access to the citys primary employment, logistics and entertainment. OK is one of the most landlord friendly housing markets in the US.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$832,196
|
$3.07
|
| Other Income |
$35,664
|
$0.13
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$867,859
|
$3.20
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$280,992
|
$1.04
|
| Net Operating Income |
$586,867
|
$2.16
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $832,196 |
| Annual Per SF | $3.07 |
| Other Income (CAD) | |
|---|---|
| Annual | $35,664 |
| Annual Per SF | $0.13 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $867,859 |
| Annual Per SF | $3.20 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $280,992 |
| Annual Per SF | $1.04 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $586,867 |
| Annual Per SF | $2.16 |
Property Facts
| Price | $8,487,150 CAD | Building Class | C |
| Price Per Unit | $87,496 CAD | Lot Size | 6.23 AC |
| Sale Type | Investment | Building Size | 271,379 SF |
| Cap Rate | 6.92% | Average Occupancy | 92% |
| Gross Rent Multiplier | 10.19 | No. Stories | 1 |
| No. Units | 97 | Year Built | 1977 |
| Property Type | Multifamily | Parking Ratio | 0.44/1,000 SF |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | C-1 - Commercial | ||
| Price | $8,487,150 CAD |
| Price Per Unit | $87,496 CAD |
| Sale Type | Investment |
| Cap Rate | 6.92% |
| Gross Rent Multiplier | 10.19 |
| No. Units | 97 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 6.23 AC |
| Building Size | 271,379 SF |
| Average Occupancy | 92% |
| No. Stories | 1 |
| Year Built | 1977 |
| Parking Ratio | 0.44/1,000 SF |
| Zoning | C-1 - Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 97 | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 157406125 | Improvements Assessment | $287,928 CAD |
| Land Assessment | $89,162 CAD | Total Assessment | $377,090 CAD |
Property Taxes
Parcel Number
157406125
Land Assessment
$89,162 CAD
Improvements Assessment
$287,928 CAD
Total Assessment
$377,090 CAD
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Keith Wilson Co.
Skyline MH/RV Community | 3200 E Reno Ave
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