37 S ACRES W Bristow OK 74010

South Acres (Location Highlights)

•Just 30 miles from Tulsa, 60 miles from Oklahoma City
•Located in Bristow, OK – county seat of Creek County
•Direct access to I-44 – key route between OKC & Tulsa
•Part of the Tulsa Metropolitan Area

South Acres (Property Overview)

•45 total pads: 44 MH + 1 RV
•12.88 acres – zoned for MHP/RV use
•Park established in the 1960s
•Not in a flood zone
•Approx.​ half of the land is undeveloped
•Reonomy indicates this property is located in an opportunity zone.​

South Acres (Occupancy & Units)

•30 pads currently occupied
•36 Park-Owned Homes (POHs)
•6 Tenant-Owned Homes (TOHs)
•1 new home ready for installation
•1 home off rent roll due to damage
•8 units need demolition
•POH titles are not held for all units

South Acres (Rental Income)

•POH Rent: Avg.​ $800/mo (last raised Spring 2025)
•TOH Rent: Avg.​ $400/mo (last raised Summer 2024)
South Acres (Infrastructure & Utilities)
• •Pad size: ~90’ x 30’
•City water & sewer
•East side: Direct-billed by city
•West side: Master-metered & backbilled by owner
•PVC underground pipe
•Electric meters on every lot
•Residents pay for garbage
•Roads: 1 asphalt, 1 gravel – both in “decent” condition
•Storm shelter on-site
•Butler steel building serves as shop & office

South Acres (Management & Operations)

•On-site manager and maintenance man in place
•Rent paid by money order via mail
•7 tenants behind on rent
•Some tenants mow; others use park’s contractor
•Residents responsible for snow removal

South Acres (Recent Upgrades)

•12 new homes added
•New monument sign installed
•Ongoing interior renovations
South Acres (Value-add Potential)
• If kept, the current owners would:
•Complete install of final new home
•Demolish uninhabitable units
•Renovate storm shelter
•Develop unused land
•Pave internal roads
•Add new community amenities

South Acres (Financing)

Owner financing available – terms negotiable.​

Brokerage:

MR.​ LANDMAN, LLC is a licensed entity in the State of Oklahoma under Lic#201400.​ Jonathan Fisher is a licensed managing broker in the State of Oklahoma under Lic#201422.​

Location

Bristow is a city in Creek County, Oklahoma.​ The population as of the 2020 Census was 4,248, up slightly from the population of 4,222 reported at the 2010 census.​

• The median home cost in Bristow is $102,200.​ Home appreciation the last 10 years has been 70.8%.​ Home Appreciation in Bristow is up 17.0%.​

• Renters make up 35.8% of the Bristow population.​

The average 1-bedroom rents for $650/month.​
The average 2-bedroom rents for $820/month.​
The average 3-bedroom rents for $1,080/month.​
The average 4-bedroom rents for $1,260/month.​

• Bristow has an unemployment rate of 4.4%.​ The US average is 6.0%.​

• Bristow has seen the job market decrease by -3.7% over the last year.​ Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.​

• The Median household income of a Bristow resident is $35,288 a year.​ The US average is $69,021 a year.​

Bristow violent crime is 20.1.​ (The US average is 22.7)
Bristow property crime is 64.3.​ (The US average is 35.4)

•City water & city sewer!
•30 minutes to Tulsa!
•60 minutes to OKC!
•12 newer homes recently added!

Colliers Manufactured Housing & RV Group presents the investment opportunity to acquire, South Acres MHC, a 45-lot mobile home community situated on 3.3 acres with public utilities, located in Bristow, Oklahoma along I-44 between Tulsa and Oklahoma City.

The asking price for the community is $1,050,000 ($23,333/lot)

• The community is located near expanding MSA's Tulsa and Oklahoma City.

• Market Rents have increased at a YOY rate of 8.9% in Oklahoma.

• The Southern USA is the fastest growing region by population, outpacing even Western states with 10.2% growth since 2010 which accounted for nearly half of the country's overall population increase.

• The communities have infrastructure in place and can be quickly improved to increase occupancy and rents through existing vacant homes and new homes.

• Bristow, OK is a community of 5,000, located 30 minutes South of Tulsa, OK (Population 1M+) and is located 60 minutes Northeast of Oklahoma City (Population 1.4M+) on I-44, which connects the two cities. South Acres is the only sizable mobile home park in the area.

• 11 new homes recently delivered and installed with 13 older park-owned homes removed, greatly reducing future capex needs.