RV Park Portfolio 29 Acres-Est. Val. $4.21M-8% Cap
Two RV Park Package Deal
14148 County Rd 1554, Ada, OK 74820
$3,700,000
Price
10.83%
Cap Rate
1,211
Building SF
8.34
GRM
98
Total Units (RV pads, Cabins, Homes, Storages Unites)
1,265,853
Total Land SF
Investment Summary
Investment Opportunity: Twin Lakes & Scissortail RV Parks – Ada, Oklahoma
Discover a rare investment opportunity with this portfolio of two flourishing RV parks—Twin Lakes RV Park and Scissortail RV Park—situated conveniently across the highway from one another in the dynamic community of Ada, Oklahoma. Together, these properties span 29.06 acres, offering 98 rentable RV pads and 19 cabins, strategically catering to the increasing demand for recreational vehicle accommodations in the area.
Twin Lakes RV Park
Size: 15.09 Acres
RV Pads: 42 full-service pads equipped with 30 & 50 amp hookups, rural water, and sewer at each pad, plus 7 overflow spaces near the storage facility.
Cabins: 18 cozy cabins available for nightly or monthly stays, perfect for extended visits.
Storage Facility: 10-unit building rented at $50 per unit monthly.
Facilities:
Guest office for check-ins
Laundry and shower building
Storage cabin for maintenance
Two private lakes ideal for fishing and walking
Single-Family Home: 1,500 sq. ft. residence located at the back, offering potential for owner-occupancy or additional rental income.
Scissortail RV Park
Size: 13.97 Acres
RV Pads: 56 concrete pads, with 2 overflow spaces needing minor improvements to become fully functional.
Cabins: 1 charming cabin for additional guest lodging.
Facilities:
Laundry and shower building
Guest office conveniently located near the front
Single-Family Home: Another 1,500 sq. ft. home at the rear, suitable for owner use or rental income generation.
Market Value Assessment
This portfolio represents a prime opportunity for investors aiming to capitalize on the booming RV industry. With well-maintained amenities, diverse rental options, and room for future expansion, both parks are positioned for growth and profitability.
98 RV Pads: $2,940,000 (98 pads x $30,000 each)
19 Cabins: $760,000 (19 cabins x $40,000 each)
2 Single-Family Homes: $200,000 (2 homes x $100,000 each)
2 Offices: $75,000 (2 offices x $37,500 each)
2 Laundry & Shower Buildings: $100,000 (2 buildings x $50,000 each)
Expandable Land (15 acres): $133,875 (15 acres x $8,925 per acre)
10 Storages Units: $100,000 (10 units x $10,000 per unit)
Total Market Value: $4,308,875
Conclusion
With a combined market value of approximately $4.31 million, Twin Lakes and Scissortail RV Parks offer an exceptional investment opportunity. This portfolio blends high-quality amenities with expansion potential, making it ideal for investors looking to tap into the growing RV market. Don’t miss the chance to invest in these well-established properties in Ada, Oklahoma!
Capital Improvements include newly installed RV pads, a brand-new laundry room, and a modern shower facility, ensuring a comfortable and updated experience for guests. The park offers a variety of rental options to suit different needs, including charming cabins, sturdy brick houses, mobile homes, and fully equipped RV pads with convenient 30- and 50-amp hookups. With its versatility and well-maintained amenities, Twin Lakes RV Park is an exceptional multi-family investment opportunity, ideal for investors looking to diversify their portfolio.
Contact us today for more information or to schedule a viewing!
Location Summary
Twin Lakes and Scissortail RV Parks are perfectly situated at the intersection of OK-1 and US-377, offering exceptional accessibility for all types of travelers. Located just 2.2 miles from downtown Ada, Oklahoma, the parks provide a seamless blend of convenience and small-town charm, with plenty of nearby attractions and activities to enjoy. Their strategic location also makes them an attractive destination for guests from larger metropolitan areas, with Oklahoma City only 82 miles away, Tulsa 120 miles away, and the Dallas-Fort Worth metroplex just 160 miles to the south. Whether visitors seek outdoor adventures or urban excursions, these RV parks serve as an ideal home base, combining comfort, accessibility, and scenic surroundings.
Twin Lakes and Scissortail RV Parks offer more than just great amenities—they are also conveniently located next to Doc's Food Truck Park, giving tenants easy, walkable access to a variety of dining options. Whether guests are looking for a quick bite or a place to unwind, this vibrant food hub enhances the appeal of the parks. Additionally, the proximity to major highways ensures smooth travel, making it easy for visitors to explore the surrounding area or continue their journey with minimal hassle. This combination of convenience, dining, and accessibility makes these RV parks a top choice for travelers and long term tenants.
Twin Lakes and Scissortail RV Parks benefit from a constant influx of tenants, thanks to the presence of local businesses and nearby educational institutions. The parks are ideally situated near East Central University, which serves 4,500 off-campus students, and Pontotoc Technology Center, ensuring steady demand from both students and professionals. This combination of business activity and academic proximity makes the parks highly attractive for long-term stays and short-term visitors alike, providing a reliable stream of tenants throughout the year.
Ada, Oklahoma, offers a wealth of attractions for visitors to explore, making Twin Lakes and Scissortail RV Parks even more appealing for guests. Nature lovers can enjoy Wintersmith Park, with its scenic lakeside views, nature trails, and amphitheater, or visit Waddell Vineyards, an award-winning vineyard with a tasting room. For family fun, Lazer Zone Family Fun Zone, Star Skate, and The Attic Escape Rooms provide engaging activities for all ages.
History and culture enthusiasts can visit the beautifully restored McSwain Theatre, browse the shops and cafés along Main Street, or explore regional heritage at Chickasaw Country museums. For sports lovers, Lakewood Golf Course and Eccentric Duffer Golf Course offer excellent golfing options, while thrill-seekers can head to Oklahoma Sports Park. Guests can also learn about the art of chocolate-making at Bedré Fine Chocolate or take a day trip to the National Cowboy & Western Heritage Museum in Oklahoma City. With its variety of parks, museums, and entertainment venues, Ada ensures there’s always something exciting for everyone to enjoy.