Opening Doors MHP is a 25-site mobile home park located in Bethel Acres, OK within the OKC MSA. Offered at $1,200,000, the property includes a diverse income mix: 16 park-owned home rentals, 4 vacant lots, 3 lot rentals, 2 stick-built home rentals, and 1 storage unit. The park sits on 10 acres with room for expansion and is currently 88% occupied, providing immediate upside through lease-up and infill. Park-owned homes are valued at approximately $890,000 (74% of purchase price). Infrastructure includes gravel roads, septic systems, and a combination of rural and well water. Located in Bethel Acres (population ~3,300), a desirable community with strong schools, just 30 miles east of Oklahoma City via I-40 and adjacent to Shawnee (population ~32,000). The property benefits from its position within the OKC MSA and proximity to five casinos within a 7-mile radius, supporting consistent rental demand. This property is owned by a local builder/developer and is offered individually or as part of a portfolio with Western Park (78 sites, $4,150,000, 8.9% cap) - located within 2 miles.
| MLS # | 1220995 |
|---|---|
| Listing Type | For Sale |
| Style | Investment |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 149 |
| Listing Provided By | Pioneer Realty | Seth Koenig |
| SQ Feet | 18,239 |
|---|---|
| Acreage | 10.00 |
| Okc Tax Amount | 0.0000 |
|---|---|
| Tax Block | - |
| Tax Lot | - |
| State | OK |
|---|---|
| County | Pottawatomie |
| City | Shawnee |
| Zip Code | 74801 |
| School District | Pottawatomie |
| Listing VS Median (in 74801) | |
Price: $1,200,000 low | high Med: $163,000 sqft: 18,239 low | high Med: 1,211 $ / sqft: $66 low | high Med: $135 On site: 149 low | high Med: 72 | |
| State | OK |
|---|---|
| County | Pottawatomie |
| City | Shawnee |
| Zip Code | 74801 |
| School District | Pottawatomie |
| Listing VS Median (in 74801) | |
Price: $1,200,000 low | high Med: $163,000 sqft: 18,239 low | high Med: 1,211 $ / sqft: $66 low | high Med: $135 On site: 149 low | high Med: 72 | |