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3701 S Pottawatomie Rd
Harrah, OK 73045
Country Haven MHP · Multifamily Property For Sale · 1,364 SF

Investment Highlights

  • METRO OKLAHOMA CITY AREA
  • SALE INCLUDES 21 PARK OWNED HOMES WITH 18 CURRENTLY RTO'S
  • $11,250/SITE, 15.56% CAP RATE, 4.56x GROSS RENT MULTIPLIER

Property Facts

No. Units 40
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 9.99 AC
Building Size 1,364 SF
Average Occupancy 58%
No. Stories 1
Year Built/Renovated 1985/2007

Amenities

Unit Amenities

  • Workshop

Site Amenities

  • Property Manager on Site
  • Storage Space

About 3701 S POTTAWATOMIE RD , HARRAH, OK 73045

NEW LISTING!! Country Haven Manufactured Housing Community, 40 sites, located in the OKC metro area, $600,000, 15.56% cap, 4.56x Feb. 2021 rent roll, $11,250/site price after park owned home values deducted. Sale includes 21 park owned homes with 18 RTO'S from $400-$750/mo. with 2-5 year terms, 1 rental at $650 & 4 site rents @ $200/mo. 15 sites and 2 park owned homes are vacant for 58% occupancy. Age of the mobile homes are 1970's/80's/90's. 10 acres-low 4 sites/acre density. Water provided by 2 water wells, sewer provided by a single cell lagoon. Tenants pay electricity and trash. An RTO tenant acts as on site manager, 20 x 40 storage building with tornado shelter beneath. The park is located in the Oklahoma City (1,400,000 pop.)metro area, in far eastern Oklahoma county. 5 miles S. of Harrah, OK (pop. 6,000) and 2 miles NE of Newalla OK (pop. 10,000). 3 miles N. of I-40, 1 mile N. of Wes Watkins Lake and 6 miles NW of the Grand Casino Hotel & Resort. The City of Shawnee, OK (pop. 32,00) is 9 miles W. The park is semi rural and topography is sloping for good drainage. The park is

Property Taxes

Property Taxes

Parcel Number
267136000
Land Assessment
$42,398
Improvements Assessment
$16,405
Total Assessment
$58,803
  • Listing ID: 22423676

  • Date on Market: 3/8/2021

  • Last Updated:

  • Address: 3701 S Pottawatomie Rd, Harrah, OK 73045

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