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Wanderlust Crossing RV Park 1038 Airport Rd 102 Unit Mobile Home Park $4,500,000 ($44,118/Unit) 6.52% Cap Rate Weatherford, OK 73096
Investment Highlights
- #1 MODERN RV PARK IN OKLAHOMA
- COMPREHENSIVE AMENITY RICH
- 6 BUILDINGS 3 ARE FULL BRICK
- BUILT IN 2017
- CONCRETE LARGE SITES 6,000 YDS OF CONCRETE
- LOOKS NEW!
Executive Summary
NEW LISTING!!! Premier modern OK RV Park, The 102 site Wanderlust Crossings, built in 2017 by a local family, is the most fully equipped, modern amenity rich RV Park in OK. $4,500,000, $44,117/site, 6.5% cap. 6,000 yds of concrete was used to construct the park. 53 100' x 16" pull through concrete pads and 49 back in concrete sites from 50'-60' in length 16' wide supported by wide spacing and landscaped green areas throughout. Full hookups with public water (10" main line)/sewer and 30/50/110 amp electric. Private water well for landscaping only and not subject to DEQ inspection because landscape only.4 electric transformers with a Generac generator. Natural gas and a 1,000 gal. propane tank for residents. Each site contains a firepit and picnic table. 20.06 acres with low density of 5 sites/acre. The park has a comprehensive amenity package including multiple water features (2 koi ponds with fountains and 6 pondless waterfalls), 2 dog runs, playground (Rainbow Play System/sandbox), basketball court and 6 on site buildings, including a check in bldg, banquet hall, shower/laundry facilities, maintenance bldg, storage and residential use structures. 3 of the buildings are full brick. 8 park owned fire hydrants and 6 OSHA approved shelters accomodating 178 people.The streets are asphalt with a gravel base layer. Back in/pull through rates are: Nightly: $46.72-51.98, Weekly: $253.58-290.32 and Monthly: $593.25-698.25. Avg occupancy in 2025 was 54%. 2025 was 75% monthlys/18% nightly and 7% weekly. The park fronts behind established commercial businesses on I-40, about 2 miles east of Weatherford, OK, 50 miles west of OKC on I-40. The cities population of 12,000 is home to the 4,500 student Southwestern Oklahoma State University. THIS PARK LOOKS BRAND NEW!!!
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$609,198
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$609,198
|
-
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$315,906
|
-
|
| Net Operating Income |
$293,292
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $609,198 |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $609,198 |
| Annual Per SF | - |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $315,906 |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $293,292 |
| Annual Per SF | - |
Property Facts
| Price | $4,500,000 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $44,118 | Building Class | C |
| Sale Type | Investment | Lot Size | 20.06 AC |
| Cap Rate | 6.52% | Building Size | 871,000 SF |
| Gross Rent Multiplier | 7.3 | Average Occupancy | 54% |
| No. Units | 102 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2017 |
| Zoning | NP | ||
| Price | $4,500,000 |
| Price Per Unit | $44,118 |
| Sale Type | Investment |
| Cap Rate | 6.52% |
| Gross Rent Multiplier | 7.3 |
| No. Units | 102 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 20.06 AC |
| Building Size | 871,000 SF |
| Average Occupancy | 54% |
| No. Stories | 1 |
| Year Built | 2017 |
| Zoning | NP |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0000-11-012-014-C-000-60 | Improvements Assessment | $154,911 |
| Land Assessment | $33,099 | Total Assessment | $188,010 |
Property Taxes
Parcel Number
0000-11-012-014-C-000-60
Land Assessment
$33,099
Improvements Assessment
$154,911
Total Assessment
$188,010
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Presented by
Keith Wilson Co.
Wanderlust Crossing RV Park | 1038 Airport Rd
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