This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

603 S 3rd St

25 Unit Mobile Home Park £862,705 (£34,508/Unit) 5.94% Net Initial Yield Kingfisher, OK 73750

Executive Summary

21 Trailers w/ Lot Rent at $280 each p/m
- 2 RV Spots at $240 each p/m
- 4 Br House at $795 p/m
- 4,000 SF Mixed Use Building
Around King?sher, Oklahoma, the industry is primarily driven by agriculture and energy. The area is known for its extensive wheat farming, ca??le ranching, and dairy produc on, supported by numerous agribusinesses that provide services such as grain storage, equipment sales, and crop management. The energy sector also plays a signi?cant role, with several oil and natural gas companies opera ng in the region due to its loca on within the Anadarko Basin, one of the most produc ve oil ?elds in the state. In addition, there is a growing presence of small manufacturing and retail businesses that cater to the needs of the local population and agricultural community, re?ecting the area’s blend of traditional rural industries and modern economic activities.

Attachments

Kingfisher, OM

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income £59,911 £0.30
Other Income - -
Vacancy Loss - -
Effective Gross Income £59,911 £0.30
Taxes £3,925 £0.02
Operating Expenses £4,710 £0.02
Total Expenses £8,635 £0.04
Net Operating Income £51,276 £0.26

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £59,911
Annual Per SF £0.30
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £59,911
Annual Per SF £0.30
Taxes
Annual £3,925
Annual Per SF £0.02
Operating Expenses
Annual £4,710
Annual Per SF £0.02
Total Expenses
Annual £8,635
Annual Per SF £0.04
Net Operating Income
Annual £51,276
Annual Per SF £0.26

Property Facts

Price £862,705
Price Per Unit £34,508
Sale Type Investment
Net Initial Yield 5.94%
No. Units 25
Property Type Residential
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Garden
Building Class C
Lot Size 3.50 AC
Building Size 200,000 SF
Average Occupancy 90%
Number of Floors 1
Year Built 1981
  • Listing ID: 33741631

  • Date on Market: 04/11/2024

  • Last Updated:

  • Address: 603 S 3rd St, Kingfisher, OK 73750

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}