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3150 W NORTH AVE Ponca City OK 74601-7738

[Locked] • APN 360034475

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Details
Property Type Mobile Home Park, Multifamily
Sub Type RV Park, Single Family Rental Portfolio
Building SqFt 1,216
Lot SqFt 1,430,761
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Year Built 2007
Building Count 51
Opportunity Zone No
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******
Lender Name ******

Property History

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Property Type
Property Type
Multifamily
Property Subtype
Apartment Building, RV Park
Marketing Description

Colliers Manufactured Housing & RV Group presents the opportunity to acquire Junction West Ponca City and Coffeyville RV Portfolio. The 2-park turn-key portfolio features 255 sites, on a combined 52.6 acres located within 2 hours of each other in the Central U.S.

The park tenants are predominately maintenance crews and short-term workers brought into the Phillips 66 Oil Refinery, 2 different electrical generating power plants, the Carbon Black rubber products manufacturer and various wind farms nearby.

Ponca City is home to a diverse mix of industries but is particularly strong within industrial sectors. A few of the largest employers include Phillips 66, Dorada Foods, Custom Mechanical Equipment, Albertsons and Mertz manufacturing.

Coffeyville and Montgomery County is home to a diverse mix of industries but is particularly strong within industrial sectors. A few of the largest employers include Coffeyville Resources, a petroleum refining and marketing company, John Deere and Acme Foundry.

The market is expected to improve dramatically by the end of the year as the local refineries restart maintenance work that was paused by pandemic shutdowns and new manufacturing facility projects begin construction.

Join email list and provide investment criteria: https://lnkd.in/g9xC5k-a

Colliers Manufactured Housing & RV Group Linkedin Page:
https://www.linkedin.com/company/35565066

Other opportunities:
https://www.crexi.com/profile/mike-nissley-mikeni

MH Park Groups:
https://www.facebook.com/groups/1971542136217030
https://www.linkedin.com/groups/12180353

RV Park Groups:
https://www.facebook.com/groups/2040575082699586
https://www.linkedin.com/groups/12180303

Investment Highlights
  • Public Water / Public Sewer

  • Two long-term RV parks comprised of 175 RV sites and 80 cabin sites that are poised to return to their long term operating history after Covid-related disruptions.

  • The parks are located within 2 hours of each other which allows for efficient management.

  • Multiple value-add opportunities including: raising rates, lowering expenses, developing the 5 acres of vacant land at Ponca City, adding/moving/selling new and or existing cabins and/or improving occupancy.

Sale Date
******
Sold Price
******
Buyer Borrower 1 Corp Indicator
******
Buyer Borrower 1 Name
******
Buyer Borrower 1 Relationship Type
******
Document Number
******
Document Type
******
Recording Book
******
Recording Page
******
Resale Flag
******
Sales Price Code
******
Seller 1 Corp Indicator
******
Transaction Type
******
Seller 1 Name
******
Transfer Tax
******
Sold By
******
Sold To
******

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
MN
Michael Nissley PRO
•••.•••.1588
••••.•••sley@••••••••.com
Brokerage logo
Listing removed on
 BY:
DN
David Nissley
•••.•••.3339
•••••••••••••••ltor@•••••.com
Brokerage logo
Listing removed on
 BY:
KJ
Kevin Jury PRO
•••.•••.5369
•jury@••••••••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
RK
Richard Knapp
•••.•••.7910
•••••••.•napp@••••••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Ponca City, OK.
Ponca City, OK median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Ponca City, OK (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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