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Country Air 710 W Teel Rd 24 Unit Mobile Home Park $1,500,000 ($62,500/Unit) 9.07% Cap Rate Sapulpa, OK 74066



INVESTMENT HIGHLIGHTS
- Located in Supulpa Oklahoma a growing suburb of tulsa with a population of Aprox 24 thousand people.
EXECUTIVE SUMMARY
The total land included is on 7 acres with aproximatly 2 acres currently developed as the mobile home park. Their are 24 spaces with 23 of the homes that are park owned homes. All units have seperate electric with water being billed back from a master meter with secondary meters on each trailer. Half of the trailers are direct to city sewer half are septice to city sewer. There is ample room for expansion in a town that is growing and recieves trafic from Tulsa as well.
Living in Sapulpa offers residents a sparse suburban feel. In Sapulpa there are a lot of parks. The public schools in Sapulpa are above average.The median income is $62,000.00 per year. The cost of living is below the national average. Sapulpa, Oklahoma has a range of businesses, with Walmart and McDonald's among the largest by revenue. Other notable businesses include Sherwin-Williams and the Euchee Tribe of Indians, whose headquarters are located in Sapulpa. Historically, Sapulpa was also known for its clay products industry, with companies like Sapulpa Pressed Brick and Sapulpa Brick Company playing a significant role.
Living in Sapulpa offers residents a sparse suburban feel. In Sapulpa there are a lot of parks. The public schools in Sapulpa are above average.The median income is $62,000.00 per year. The cost of living is below the national average. Sapulpa, Oklahoma has a range of businesses, with Walmart and McDonald's among the largest by revenue. Other notable businesses include Sherwin-Williams and the Euchee Tribe of Indians, whose headquarters are located in Sapulpa. Historically, Sapulpa was also known for its clay products industry, with companies like Sapulpa Pressed Brick and Sapulpa Brick Company playing a significant role.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$200,000
|
$190.48
|
| Other Income |
$19,000
|
$18.10
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$219,000
|
$208.57
|
| Taxes |
$24,000
|
$22.86
|
| Operating Expenses |
$68,000
|
$64.76
|
| Total Expenses |
$92,000
|
$87.62
|
| Net Operating Income |
$127,000
|
$120.95
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $200,000 |
| Annual Per SF | $190.48 |
| Other Income | |
|---|---|
| Annual | $19,000 |
| Annual Per SF | $18.10 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $219,000 |
| Annual Per SF | $208.57 |
| Taxes | |
|---|---|
| Annual | $24,000 |
| Annual Per SF | $22.86 |
| Operating Expenses | |
|---|---|
| Annual | $68,000 |
| Annual Per SF | $64.76 |
| Total Expenses | |
|---|---|
| Annual | $92,000 |
| Annual Per SF | $87.62 |
| Net Operating Income | |
|---|---|
| Annual | $127,000 |
| Annual Per SF | $120.95 |
PROPERTY FACTS
| Price | $1,500,000 | Building Class | C |
| Price Per Unit | $62,500 | Lot Size | 7.64 AC |
| Sale Type | Investment | Building Size | 1,050 SF |
| Cap Rate | 9.07% | Average Occupancy | 98% |
| No. Units | 24 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2009 |
| Property Subtype | Manufactured Housing/Mobile Home |
| Price | $1,500,000 |
| Price Per Unit | $62,500 |
| Sale Type | Investment |
| Cap Rate | 9.07% |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 7.64 AC |
| Building Size | 1,050 SF |
| Average Occupancy | 98% |
| No. Stories | 1 |
| Year Built | 2009 |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Bay Window
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
- Built-In Bookshelves
- Dining Room
- Garden
- Lawn
- Linen Closet
- Patio
- Porch
- Vinyl Flooring
SITE AMENITIES
- Private Bathroom
1 of 14
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Country Air | 710 W Teel Rd
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