Very Clean 52 Unit RV Park off of 2 Highways (US-177 and SH-60) in Ponca City average 15k gross sales, just minutes from the Ponca City Refinery, Osage Casino and the Arkansas River. Plenty of room for expansion with almost 11 Acres on city sewer and public water with Laundry/Office building at the front of the complex with grills and horseshoe area, complete with showers and public bathrooms. Dog Park and playground are well kept for guests and multiple grills and picnic tables across park for guests. There are 2 other buildings on site, one is 700SQFT is used a maintenance building and the 1200SQFT building is ready to be finished out as office or park manager housing in fenced yard. Ability for RV mechanic to be onsite or whatever operator decides. This RV Park is freshly graveled and ready for a new owner that can take over this cash flowing property.

Investment Highlights
10+ Acre
52 Unit
$15,000 average monthly over 3 years
Management in Place
Highway Frontage
High Traffic
Cash Flow
Ponca City
City Sewer
Public Water
Property Type
Multifamily
Subtype
RV Park
Investment Type
Value Add
Investment Sub Type
RV PARK-MULTI FAMILY
Class
B
Cap Rate
7.00%
Pro-Forma Cap Rate
13.01%
Occupancy
49%
NOI
$53,092
Pro-Forma NOI
$136,593
Units
52
Pads
52
Buildings
3
Lot Size (acres)
11
Parking (per unit)
52
Broker Co-Op
Yes
APN
8000-03-025-02E-1-005-05
Price/Unit
$20,192.31
Ownership
LLC