Oak Glen RV & Mobile Home Park
Highway 66 RV Park
347203 E, OK-66, Chandler , OK 74834
$3,500,000
Price
$30,435
Price Per Unit
115
Number of Units
9.29%
Cap Rate
7.80
GRM
90
RV Pads

Oak Glen Investment Summary
  • This RV & Mobile Home Park positioned strategically on historic Highway 66 is a stable cash flowing asset for savvy investors looking for a high ROI. With its location and potential for expansion, this property is a lucrative prospect for those seeking to expand their real estate portfolio.
  • Boasting a strong rental history and stable cash flow, this property offers a solid foundation for long-term financial success. Meticulously maintained, then recently expanded to accommodate the daily visitors currently averaging $4000-$5000 monthly. The ability to raise rental rates to market and high demand in the area make this property a standout choice for those seeking reliable returns on their investment.
  • With multiple units and accessory income generation, investors have the opportunity to maximize their ROI. The Ability to more than double this park fairly easy makes this a lucrative buy for any investor.
About Chandler
  • The property is located in Chandler, Oklahoma, a small town along Highway 66 with a population of 2,960 known for its friendly community and historic downtown area.
  • Chandler is situated in Lincoln County, off of I-44 about halfway between OKC & Tulsa which offers a mix of rural charm and urban amenities, making it an attractive location for businesses and residents alike.
  • Harrah’s Oklahoma Casino developed by Iowa Tribe of Oklahoma partnering with Caesars Entertainment to be developed in 2 phases: Phase 1 = Casino + multiple dining options. Phase 2 = Hotel/resort amenities. Gaming Size: ~1,000 slot machines intended; table games expected. Timeline / Status: Announced mid-2023; construction underway. Opening expected around spring 2026 for full operations. Key benefits & goals are to bring jobs, boost local economy; leverage Caesars Rewards loyalty; become a more significant regional destination.
  • Nearby attractions include the Route 66 Interpretive Center, showcasing the history of the iconic highway, Chandler Lake a small129 acre with Fishing, Hiking, and Camping available and the more substantial Bell Cow Lake Size which is 1,153 surface acres. Max depth 39 ft. Shoreline 13 miles. Amenities: 4 recreation areas, boat ramps, covered fishing dock, camping (RV & primitive), restrooms, picnic tables, pavilions, a sandy beach, equestrian trails. Fishing/Wildlife: Managed as a trophy bass fishery; restriction on keeping largemouth bass over approx., offering recreational opportunities for outdoor enthusiasts.
FOR MORE DETAILS CONTACT
Levi Horner
Commercial Real Estate Broker
(405) 408-4329
levi@hmassociates.us
Lic: 176428
Jake McClure
Partner
(405) 535-6518
Jake@hmassociates.us
Lic: 177330