18100 Coker Road,Shawnee, OK 74801
Shawnee, OK 74801
Description
The Western Park Portfolio presents a rare opportunity to acquire two stabilized and value-add mobile home communities within the growing OKC MSA. Located in Bethel Acres, OK, just 30 miles east of Oklahoma City along I-40 and adjacent to Shawnee, this combined offering includes a total of 78 sites across Western Park I and Western Park II. Western Park I consists of 58 sites across 16.95 acres and is currently 72% occupied, offering immediate upside through lease-up and infill. The property includes 29 park-owned homes valued at approximately $1,040,000, with 87% built in 2000 or newer, 15 lot rentals, and 14 vacant lots. Utilities include lagoon sewer and rural water (park-paid), with tenants responsible for electricity. Western Park II is a newer, low-maintenance community built in 2022, featuring 20 sites on 5.17 acres. The park is 100% occupied and consists entirely of 896 SF (16’x56’) 2 bed / 2 bath rental homes. Recent construction includes full interior build-outs, modern finishes, front porches, and dual-entry access. Infrastructure includes septic systems, rural water (park-paid), and tenant-paid electricity, with additional land available for expansion. Together, the portfolio offers a strong blend of stabilized income and value-add potential, with a diverse mix of newer inventory and operational upside. The properties benefit from their location in a desirable community with strong schools and proximity to five casinos within a 7-mile radius, supporting consistent rental demand. This is a unique opportunity to acquire scale within a tight geographic footprint, with both assets located within close proximity to one another.
Details
| MLS # | 1222794 |
|---|---|
| Listing Type | For Sale |
| Style | Investment |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 158 |
| Listing Provided By | Pioneer Realty | Seth Koenig |
Features
| SQ Feet | 53,310 |
|---|---|
| Acreage | 22.12 |
Taxes
| Okc Tax Amount | 0.0000 |
|---|---|
| Tax Block | - |
| Tax Lot | - |
Area Information
| State | OK |
|---|---|
| County | Pottawatomie |
| City | Shawnee |
| Zip Code | 74801 |
| School District | Pottawatomie |
| Listing VS Median (in 74801) | |
Price: $4,150,000 low | high Med: $175,000 sqft: 53,310 low | high Med: 1,800 $ / sqft: $78 low | high Med: $97 On site: 158 low | high Med: 4 | |
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Learn More About This Property
| State | OK |
|---|---|
| County | Pottawatomie |
| City | Shawnee |
| Zip Code | 74801 |
| School District | Pottawatomie |
| Listing VS Median (in 74801) | |
Price: $4,150,000 low | high Med: $175,000 sqft: 53,310 low | high Med: 1,800 $ / sqft: $78 low | high Med: $97 On site: 158 low | high Med: 4 | |