Keith Wilson Co.
Listed by Keith Wilson Co.
$1,995,000
Hickory Creek RV Community
Details
Property Type Mobile Home Park
Units 61
Cap Rate 7.34%
NOI $146,524
Occupancy 85%
Price Per Acre $35,080
Class B
Year Built 2017
Acreage 16.000
61 SITE OKC AREA RV PARK $1,995,000 7.34% CAP SELLER CARRY 65% LTV ROOM TO EXPAND
Marketing description
Hickory Creek RV Community, located at 36478 Moccasin Trail Road, Shawnee, OK 74804, is a rare opportunity to acquire a stabilized, income-producing RV community in the growing Shawnee/Oklahoma City MSA corridor. Offered at a reduced price of $1,995,000, the property features 61 sites (59 rentable) across approximately 16 acres and is currently operating at 85% occupancy.
Built in 2017, this well-maintained community offers a modern infrastructure package with fresh tar-and-gravel roads, well water, septic sewer, rural electric with 30/50-amp hookups, and park-paid utilities. Residents enjoy a peaceful, retreat-style setting with mature trees, dramatic elevation changes, a private stocked pond, fishing docks, pavilion, free WiFi, and new public restrooms, laundry, and shower facilities completed in 2023.
Just 2 miles north of I-40 and only 30 miles east of Oklahoma City, Hickory Creek benefits from strong commuter, workforce, and transient RV demand. With a 7.34% cap rate and 65% LTV seller financing available, this is an attractive investment combining steady cash flow, desirable amenities, and long-term upside in a landlord-friendly market.
Investment highlights
- Property: 36478 Moccasin Trail Road Shawnee, OK 74804
- No. of Sites: 61 (59 rentable)
- $5,900,000
- 7.34% cap
- Seller carry 65% LTV debt
- 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% avg. July 2026-95%
- 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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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$146,524.00
$12,210.33/mo
Valuation Metrics
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DSCR
7.34%
Cap Rate
7.34%
ROI
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