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31532987
31533004

18100 Coker Rd, Shawnee, OK 74801 For Sale

Pioneer Realty
Listed by Pioneer Realty
$4,150,000
104 days on market
Updated 4 days ago

Western Park MHP Portfolio

Details
APN 000033010003001900
Property Type Mobile Home Park
Sub Type Mobile Home Park
Units 79
Cap Rate 10.77%
Occupancy 82%
Year Built 1983
Acreage 22.120
Sale Condition For sale by owner

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.

Listing Contacts

Pioneer Realty
Listed by Pioneer Realty

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