3150 W North Ave | Ponca City, OK 74601
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3150 W North Ave
Ponca City, OK 74601
Junction West Ponca City Cabins MH/RV Park · Multifamily Property For Sale
·
1,000 SF
INVESTMENT HIGHLIGHTS
- This exceptional offer provides a 116-site workforce housing community at approximately 20% of replacement cost.
- Offered at just $5,172 per site, the park boasts an impressive cap rate of 11.83% (2023).
- A prime location near Phillips 66 oil Refinery drives a large workforce tenant base seeking short-term accommodation.
- The park includes a storm shelter, restrooms, walk-in showers, kitchen space, security cameras, laundry facilities, a dog park, and a playground.
- This property is being offered with gross scheduled rents at just 0.5x the asking price. (less than one)
PROPERTY FACTS
| No. Units | 116 | Lot Size | 34.61 AC |
| Property Type | Multifamily | Building Size | 1,000 SF |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Building Class | C | Year Built | 2007 |
| No. Units | 116 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 34.61 AC |
| Building Size | 1,000 SF |
| No. Stories | 1 |
| Year Built | 2007 |
PROPERTY TAXES
| Parcel Number | 8000-06-025-02E-1-010-00 | Improvements Assessment | $28,857 |
| Land Assessment | $10,395 | Total Assessment | $39,252 |
PROPERTY TAXES
Parcel Number
8000-06-025-02E-1-010-00
Land Assessment
$10,395
Improvements Assessment
$28,857
Total Assessment
$39,252
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