801 N Leo Ave Shawnee, OK 74801
Estimated payment $10,464/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,373
Year Built
- Built in 2024
Lot Details
- 8.7 Acre Lot
- Rural Setting
- Wooded Lot
Home Design
- Combination Foundation
- Architectural Shingle Roof
Interior Spaces
- 18,800 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 43 Bedrooms
- 28 Full Bathrooms
Schools
- Jefferson Elementary School
- Shawnee Middle School
- Shawnee High School
Community Details
- 15 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,373 | $23,381 | $10,464 | $12,917 |
| 2023 | $2,373 | $22,718 | $10,464 | $12,254 |
| 2022 | $2,331 | $22,718 | $10,464 | $12,254 |
| 2021 | $2,289 | $22,718 | $10,464 | $12,254 |
| 2020 | $2,329 | $23,050 | $10,464 | $12,586 |
| 2019 | $3,295 | $31,560 | $8,371 | $23,189 |
| 2018 | $3,230 | $31,560 | $8,371 | $23,189 |
| 2017 | $2,048 | $20,296 | $2,909 | $17,387 |
| 2016 | $1,972 | $19,329 | $2,770 | $16,559 |
| 2015 | $1,841 | $18,408 | $2,638 | $15,770 |
| 2014 | $1,754 | $17,532 | $3,132 | $14,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Sale | $1,875,000 | -- | $100 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | Firstitle | |
| Warranty Deed | -- | Old Republic Title | |
| Warranty Deed | $180,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $249,644 | New Conventional | |
| Closed | $135,483 | New Conventional | |
| Closed | $139,812 | New Conventional | |
| Open | $600,000 | New Conventional | |
| Previous Owner | $210,400 | Commercial |
Source: MLSOK
MLS Number: 1184920
APN: 000013010003002901
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