3100 South Douglas Boulevard | Oklahoma City, OK 73150-1004, US
THE MHP Value Team is pleased to offer for sale Eastland Hills RV Park, a 53-site RV Park located in Oklahoma City, OK. The park suffers from low occupancy only because the current owner has chosen not to lease the sites located at the front of the property where highway expansion is underway, preferring to keep them vacant until the project is complete. The property currently includes 52 RV sites and one clubhouse, which also serves as the on-site manager’s residence as part of their compensation. The investment strategy for Eastland Hills RV Park focuses on the easy infill opportunity, utilizing the reliable on-site manager for leasing and maintenance. With current site rents at $425 per month, ownership can quickly increase occupancy while maintaining stable operations. A new investor has the opportunity to acquire the community with favorable seller financing terms. The Seller is offering financing with 20% down, a 5% interest rate, 30-year amortization, and a 5-year balloon.
Oklahoma City, Oklahoma, is a large and growing city in central Oklahoma and serves as the state capital. It is a regional hub for government, energy, and culture. With a population well over 600, 000, OKC offers big‑city amenities while retaining room for expansion. Historically, Oklahoma City expanded rapidly after the 1889 Land Run and later became a center for oil, cattle, and transportation. Over time, it diversified with aerospace, health care, education, and technology sectors contributing to its growth. Today, its median home value is about $207, 800, and while housing prices have risen, they remain relatively affordable for many. The average rent for a two‑bedroom unit is approximately $1, 000 / month, making rental housing more accessible than in many metros. The cost of living in OKC is approximately 12.9% below the U.S. average, helping offset modest income levels. Despite these advantages, many residents still face affordability challenges. As the city continues to grow and attract new investment, there is a growing need for more affordable housing solutions—such as manufactured homes—to serve working families, seniors, and others on fixed incomes.