For Sale

Eastland Hills RV Park

3100 South Douglas Boulevard | Oklahoma City, OK 73150-1004, US

price$1,225,000
property typeCommercial Sale

highlights

Strong seller financing terms - 80% LTV, 5% interest rate, 30-year amortization, with a 5-year balloon; interest only for 1 year
All long term month to month tenants - many of which have stayed for multiple years
25 Site infill opportunity; seller has done no marketing and has purposely avoided filling the lots near the highway
Situated in downtown Oklahoma City - metro near the growing retail corridor.
Highway expansion and public works projects across the streat enhancing accessibility
Directly across from Tinker Air Force Base and near a new sports center that hosts regular tournaments.

property
details

STATUSActive
SALE PRICE PER UNIT$1,225,000
PROPERTY TYPECommercial Sale
BUILDING SIZE1 SF
LOT SIZE2.17 acres
SALE PRICE$1,225,000
DAYS ON MARKET122

property
description

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.

location
description

3100 South Douglas Boulevard | Oklahoma City, OK 73150-1004, US

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.

Phillip Li

Phillip Li

NJ #2563988
(929) 313-9148
Armand Violi

Armand Violi

FL #SL3452154
(561) 596-8487

Request More Info

Share To Social