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24466 S Frontage Rd
Hydro, OK 73048
Country East Mobile Home Park · Multifamily Property For Sale · 2,432 SF

PROPERTY FACTS

No. Units 62
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 10.00 AC
Building Size 2,432 SF
Average Occupancy 97%
No. Stories 1
Year Built 1983

ABOUT 24466 S FRONTAGE RD , HYDRO, OK 73048

NEW ON MARKET!!! The 62 site Country East Mobile Home Park is a super clean top 10% park in OK. $1,150,000, $18,548/site. 7.2% cap, but this is the best park in the market and $70 under rents. Will be 11.1% cap when rents brought up to market.All MH, no RV and no park owned homes, 100% pad rent. Built in 1983, by the owner of the 160 acres farm, 97% occupied, only $200 (sw) & $210 (dw) rents, 1/2 of the homes are 1985-2000 and the other 1/2 are 2000-newer. 16 acres, flat land, open country/farmland surrounding, asphalt streets with gravel parking pads, storm shelter, great manager, lives on the park, tenants pay for electricity and gas and owner provides water sewer through 2 water wells and a 2 cell lagoon, in pristine condition (see sales pkg attached) The park is located 60 miles west of Oklahoma City, OK, fronting on I-40, the physical addres is Hydro, OK, a small farming community of 1,000, but it is only 3 minutes to Weatherford, OK, pop. 12,000, and home to southwestern University, with 4,500 students, with a noted pharmacy school. The parks in Weatherford are all full, at $200 rents, with tenants paying ALL utilities,but are inferior to Country East.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0000-12-012-014-A-000-10
Land Assessment
$17,952
Improvements Assessment
$4,043
Total Assessment
$21,995
  • Listing ID: 12195540

  • Date on Market: 4/9/2018

  • Last Updated:

  • Address: 24466 S Frontage Rd, Hydro, OK 73048

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