Keith Wilson Co.
Listed by Keith Wilson Co.
$2,175,000
Hickory Creek RV Community
Details
Property Type Mobile Home Park
Sub Type RV Park
Units 61
Cap Rate 6.73%
Occupancy 85%
Price Per Acre $35,080
Class B
Year Built 2017
Acreage 16.000
Hickory Creek is a quiet serene RV park heavily treed with large ponds but in the OKC MSA.
Marketing description
Keith Wilson Co., as exclusive broker, presents for sale Hickory Creek RV Community, a 61-site (59 rentable) RV community in Shawnee, Oklahoma. The property encompasses approximately 16 acres and is situated -2 miles north of Interstate 40 and within the Oklahoma City MSA, offering metro adjacency with a materially lower cost structure than core urban submarkets.
Constructed in 2017, Hickory Creek features a modern physical plant, including tar-and-gravel roads, lagoon-based sewer, well water, and rural electric service with 30/50-amp hookups. Ownership currently covers water and electricity, contributing to straightforward operations and consistent occupancy. The community operates at 85% occupancy and serves a mix of longer-term residents and transient RV users tied to regional employment, commuting patterns, and transportation activity.
The community includes a private stocked pond, mature tree coverage, elevation changes, fishing docks, a pavilion, and public restrooms/laundry/shower facilities constructed in 2023. These features support tenant retention and stable demand while maintaining operational simplicity.
Hickory Creek RV Community represents a stabilized, cash-flowing RV asset in a landlord-friendly Oklahoma market with limited competitive supply and defensible long-term operating fundamentals.
Investment highlights
- Property: 36478 Moccasin Trail Road Shawnee, OK 74804
- No. of Sites: 61 (59 rentable)
- Year Built: 2017
- Land: 16 acres (does not include ponds on the west side)
- Rent: $475/mo. (park pays water and electric)
- Utilities:
- Well water
- Septic sewer
- Rural electric (30/50 amp)
- Park pays all utilities
- Lagoon on north side receives the non-solids from the park
- Roads: Fresh tar and gravel
- Occupancy: 85%
- Amenities: Retreat atmosphere - private lake, mature trees, quiet, natural landscapes, stocked pond, fishing docs, pavilion, dramatic elevation changes
- 2023 construction of public restrooms, laundry and shower facilities
- Free WIFI
- ADA compliant front entrance
- Pet friendly
- Location: 2 miles N. of I-40 and Shawnee, OK (pop. 34,000) and only 30 miles east of Oklahoma City, the capital of OK with a population of 1,450,000.
Listing Contacts
Keith Wilson Co.
Listed by Keith Wilson Co.
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