
Western Park MHP Portfolio
79-Site Mobile Home Park on 22.12 Acres in Bethel Acres, OK
Marketing description
The Western Park Portfolio presents a rare opportunity to acquire two stabilized and value-add mobile home communities within the growing OKC MSA. Located in Bethel Acres, OK, just 30 miles east of Oklahoma City along I-40 and adjacent to Shawnee, this combined offering includes a total of 79 sites across Western Park I and Western Park II.
Western Park I consists of 59 sites across 16.95 acres and is currently 77% occupied, offering immediate upside through lease-up and infill. The property includes 31 park-owned homes valued at approximately $1,040,000, with 87% built in 2000 or newer. Utilities include lagoon sewer and rural water (park-paid), with tenants responsible for electricity.
Western Park II is a newer, low-maintenance community built in 2022, featuring 20 sites on 5.17 acres. The park is 95% occupied and consists entirely of 896 SF (16’x56’) 2 bed / 2 bath rental homes. Recent construction includes full interior build-outs, modern finishes, front porches, and dual-entry access. Infrastructure includes septic systems, rural water (park-paid), and tenant-paid electricity, with additional land available for expansion.
Together, the portfolio offers a strong blend of stabilized income and value-add potential, with a diverse mix of newer inventory and operational upside. The properties benefit from their location in a desirable community with strong schools and proximity to five casinos within a 7-mile radius, supporting consistent rental demand.
This is a unique opportunity to acquire scale within a tight geographic footprint, with both assets located within close proximity to one another.
Investment highlights
79-Site Portfolio in OKC MSA – Scaled, two-park opportunity in Bethel Acres with strong location near I-40 and Shawnee.
Stabilized + Value-Add Upside – 95% occupied newer park paired with 77% occupied asset offering lease-up and infill potential.
Strong Demand Drivers – Growing area with quality schools and proximity to five casinos supporting consistent occupancy.
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