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Oak Glen RV & Mobile Home Park

Mobile Home Park
$3.5M

Chandler, Lincoln County, Oklahoma

Listing Details

Asking Price
$3.5M
Acreage
40.8 acres
City
Chandler
County
Lincoln County
State
Oklahoma

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About Oak Glen RV & Mobile Home Park

Oak Glen Rv & Mobile Home Park Is A 115-Site Rv And Manufactured Housing Community Situated On Approximately 40.8 Acres Along Historic Route 66 In Chandler, Oklahoma — Strategically Positioned Between Oklahoma City And Tulsa.

The property offers immediate cash flow with clear operational upside and long-term growth potential driven by regional expansion — including the newly announced Harrah’s Casino development scheduled to open in 2026, expected to generate job creation, visitor traffic, and workforce housing demand in the immediate area.

*NO CREATIVE OR SELLER FINANCING OFFERS WILL BE CONSIDERED*

In-Place Performance

Owner-provided financials reflect consistent revenue performance, with total monthly income ranging from approximately $26,500 to $36,500 in recent operating months. The property generates approximately $383,000+ in annual gross revenue, with trailing 12 month in-place NOI estimated at $249,518, representing an approximate 7% Cap Rate at the offering price.

Revenue is derived from a diversified mix of:

  • Long-term & Short Term RV pad rentals
  • Manufactured home lot rentals
  • Clubhouse Apartment for Manager Housing
  • Ancillary income including laundry and related services

This diversified structure provides both stability and operational flexibility.

Value-Add Opportunity

Oak Glen presents a compelling opportunity for an active operator to enhance performance through:

  • Increasing occupancy across vacant pads
  • Rent optimization across RV and MH sites
  • Structured transient pricing strategies
  • Expense normalization and operational efficiencies
  • Plenty of room for expansion or additional site development on excess acreage

Stabilized NOI projections in the $340,000–$370,000 range are achievable through disciplined operational execution, supporting a forward yield exceeding 10.43%+ at stabilization without aggressive underwriting assumptions.

Growth Catalyst: Harrah’S Casino (Open April 2026)

The forthcoming Harrah’s Casino development represents a meaningful economic driver for the region. The project is expected to:

  • Create permanent employment opportunities
  • Increase regional tourism traffic
  • Expand contractor and workforce housing demand
  • Strengthen surrounding commercial activity

Properties positioned along the Highway 66 corridor stand to benefit directly from this growth.

Frequently Asked Questions

How much does Oak Glen RV & Mobile Home Park cost?

Oak Glen RV & Mobile Home Park is listed at $3.5M. Request full financials through Parkvestor for a direct introduction to the listing broker.

How large is Oak Glen RV & Mobile Home Park?

Oak Glen RV & Mobile Home Park sits on approximately 40.8 acres in Chandler, Oklahoma.

What type of property is Oak Glen RV & Mobile Home Park?

Oak Glen RV & Mobile Home Park is a mobile home park located in Chandler, Oklahoma, currently listed for sale.

Where is Oak Glen RV & Mobile Home Park located?

Oak Glen RV & Mobile Home Park is located in Chandler, Oklahoma. Browse more mobile home parks for sale in Oklahoma on Parkvestor.

How do I get more information about Oak Glen RV & Mobile Home Park?

Submit the broker intro request on this page. Parkvestor connects you directly with the listing broker for Oak Glen RV & Mobile Home Park at no cost — no account required.

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