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31274283
31274284

34668 Reichert Summerfield Rd, Wister, OK 74966

JP
OK 204298
Rise Above Realty
Listed by Rise Above Realty
$350,000
82 days on market
Updated 39 days ago

Golden Pony RV Park

Details
Property Type Mobile Home Park, Multifamily
Sub Type RV Park
Units 20
Cap Rate 12.00%
Occupancy 80%
Pro-Forma Cap Rate 12.00%
Pro-Forma NOI $44,000
Broker Co-Op Yes
Class C
Acreage 7.530
Zoning CI
Investment Type Value Add
Occupancy Date 03/25/2026

12% Cap Stabilized RV Park | 80%+ Occupancy | 5 Acres Expansion + Commercial Building

Marketing description

Golden Pony RV Park presents a compelling opportunity to acquire a high-yield, cash-flowing RV park located just minutes from Lake Wister State Park in southeastern Oklahoma. Offered at $350,000, the asset delivers a projected NOI of approximately $44,000, equating to a 12% pro forma cap rate.

The property consists of approximately 20 full-hookup RV sites (water, sewer, electric), a 400-square-foot laundry building with commercial laundry machines (coin-operated), and a 2,648-square-foot commercial building, creating multiple pathways for revenue growth and operational expansion.

While the park has historically operated with stabilized occupancy below, it is currently performing at 80%+ occupancy, making this a true turnkey, income-producing asset from day one. This provides immediate cash flow for a new owner, while still offering operational upside through rate adjustments, marketing, and additional revenue streams.

The location benefits from strong and consistent demand driven by Wister Lake, fishing, boating, hunting, and year-round tourism throughout the Ouachita National Forest region.

A key differentiator of this offering is the inclusion of approximately 5 acres of additional land, providing a clear path for expansion. This area is well-suited for:

  • Additional RV sites
  • Tiny home or cabin development
  • Glamping or short-term rental units

This expansion potential is not currently factored into the pro forma, offering investors a meaningful opportunity to further increase revenue and overall asset value.

The existing 2,648 SF commercial building represents an additional value-add component and can be repositioned as a restaurant, general store, outfitter, office, or converted into additional rental units—none of which are currently monetized.

This offering is ideal for an investor seeking immediate in-place income with upside, or an owner-operator looking to step into a stabilized asset with expansion potential.

No Seller Financing Available.

All information is deemed reliable but not guaranteed. Buyer to verify all information independently.

Investment highlights

  • $44,000 Pro Forma NOI
  • 12.57% Cap Rate at $350,000
  • Currently 80%+ Occupied (Turnkey Cash Flow)
  • 20 Full Hookup RV Sites
  • Commercial Laundry machines
  • 2,648 SF Commercial Building
  • 5 Acres of Expansion Land
  • Add RV Sites, Cabins, or Tiny Homes
  • Additional Revenue Streams Not Yet Monetized
  • Strong Tourism Market (Lake + Forest + Scenic Byway)

Listing Contacts

JP
OK 204298
Rise Above Realty
Listed by Rise Above Realty

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Additional Information

Name
Jeremy Parks
License
204298
Brokerage Phone
405-362-1660
Brokerage Address
1800 Canyon Park Circle
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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