801 N Leo AVE new Save Request In-Person Tour Request Virtual Tour
Shawnee,OK 74801
Key Details
Property Type Multi-Family
Sub Type More Than 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 18,800 sqft
Price per Sqft $99
MLS Listing ID OKC1184920
Style Other
Bedrooms 43
Full Baths 28
Year Built 2024
Annual Tax Amount $2,400
Property Sub-Type More Than 4 Units
Property Description
This 8.7 MOL acre mobile home park offers immediate cash flow and substantial upside for the right investor. Last Months rent rolls total $10,685, with 15 owner-owned units, including six 2024 models. Four of the 2024 units are awaiting final permitting and, once online, are projected to rent for $1,250/month each, adding significant income potential.
The property also features approximately 30 additional vacant lots ready for future development or lot rentals, with local market lot rents ranging from $350–$500/month. Beyond the housing expansion opportunities, the site includes a large pond that, with proper maintenance and improvements, could become a unique amenity and further enhance the park's appeal and value.
With its combination of stable income, modern units, and ample room for growth, this asset is positioned for strong returns both now and in the long term.
Location
State OK
County Pottawatomie
Exterior
Roof Type Architecural Shingle
Building
Lot Description Rural,Wooded
Foundation Combination
Structure Type Manufactured,Mobile
Schools
Elementary Schools Jefferson Es
Middle Schools Shawnee Ms
High Schools Shawnee Hs
School District Shawnee
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional