16960 E. 407th Court, Foyil, OK 74031

Countryside Manufactured Housing Community, a 15-site manufactured housing community located at 16960 E. 407th Court in Foyil, Oklahoma. The property is situated along historic Route 66, approximately three miles northeast of Claremore and within the greater Tulsa metropolitan statistical area.

Countryside spans approximately six acres, with three acres currently developed as a low-density manufactured housing community and an additional three acres of undeveloped, tree-covered land offering future expansion potential with proximity to Highway 66 frontage. The community includes twelve park-owned, three-bedroom, two-bath single-wide homes built between 1983 and 2002. Site rent is $325 per month, with park-owned home rents ranging from approximately $679 to $850 per month.

There are five occupied park-owned homes (including two active rent-to-own contracts), one occupied site, and seven vacant park-owned home rentals. Two additional sites are vacant.

Water is municipally supplied through a master meter with approximately 90% of costs billed back to tenants. Sewer service is provided via a combination of aerobic and static leach field septic systems. Electricity is tenant-paid, trash service is owner-paid, and streets and parking pads are gravel. The property is locally self-managed and serves a primarily working-age tenant base.

Countryside Manufactured Housing Community represents a value-add opportunity to acquire an affordable-housing asset at an attractive basis, with paths to income growth through lease-up of vacant homes and sites, operational stabilization, and potential future development on excess land within a supply-constrained Tulsa MSA submarket.