Property Description

Western Park II is a 20-site mobile home park located in Bethel Acres, OK within the OKC MSA. Built in 2022, the property consists entirely of 896 SF (16'x56') 2 bed / 2 bath rental homes, offering a newer, low-maintenance asset.Offered at $1,450,000 ($72,500/site) with a 10.07% cap rate, the park is currently 95% occupied and sits on 5.17 acres, with additional land available for expansion.Ownership completed significant interior build-outs, including framing, insulation, flooring, drywall, HVAC, kitchens, baths, front porches, and dual-entry access. Infrastructure includes gravel roads, septic systems (1-4 homes per system), and rural water. Water and sewer are park-paid, while tenants pay electricity.Located in Bethel Acres (population ~3,300), a growing community just 30 miles east of Oklahoma City via I-40, and adjacent to Shawnee (population ~32,000). The area features strong schools and benefits from five casinos within a 7-mile radius, supporting steady rental demand.This property is one of three parks being offered by the same owner and may be purchased individually or as a portfolio, including Western Park I (59 sites, $2,850,000) and Opening Doors MHP (25 sites, $1,200,000) located within 2 miles.

Property Features