NOT LISTED FOR SALE

Ardmore, OK 73401

-- Bed
-- Bath
4,134 Sq Ft
5.38 Acres

Last Sold July 23, 2021

Last sale price $860,000 $208 Per Sq Ft

Highlights

  • Zoned Cooling
  • Space Heater
  • Storage Shed

About This Home

As of July 2021

Calling all Investors! This is your chance to own an income producing mobile home park near Lake Murray in Southern OK. This park currently has a 17% cap rate and could easily be closer to 20%. There are over 30 units on 2.5 acres with another 2.5 acres that could be developed into more mobile home spots. This park has several long term tenants which provide consistent rental income. If you want to make your money work for you call me for more information about this amazing opportunity.

Last Agent to Sell the Property

Shelley Clements

Southern Oklahoma Realty License #181787 Listed on: 02/10/2021

Last Buyer's Agent

Shelley Clements

Southern Oklahoma Realty License #181787 Listed on: 02/10/2021

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $2,492

Year Built

  • Built in 1955

Lot Details

  • 5.38 Acre Lot
  • Possible uses of the property include Other
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • Parking Available

Interior Spaces

  • 4,134 Sq Ft Home
  • Crawl Space

Outdoor Features

  • Storage Shed

Utilities

  • Zoned Cooling
  • Multiple Heating Units
  • Space Heater
  • Heating System Uses Gas
  • Propane
  • Phone Available

Listing and Financial Details

  • Tenant pays for grounds care

Community Details

Overview

  • Ardmore City Tracts Subdivision

Building Details

  • Operating Expense $58,867
  • Gross Income $240,000

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$2,492

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Directions: Head south on Lake Murray Drive. The property is located about a block or so past Springdale Road on the east side of the road.
  • Property Sub Type: Mobile Home
  • Prop. Type: Commercial Sale
  • Year Built: 1955
  • Lot Size Acres: 5.38
  • Water Body Name: Murray Lake
  • Subdivision Name: Ardmore City Tracts
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Mobile Home
  • Special Features: None

Interior Features

  • Interior Amenities: None
  • Possible Use: Other
  • Has Basement: Crawl Space
  • Living Area: 4134.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Storage
  • Fencing: None
  • Lot Features: Split Possible
  • Waterfront Features: Other
  • Construction Type: Manufactured
  • Foundation Details: Crawlspace
  • Roof: Other

Garage/Parking

  • Parking Features: One Space

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Propane, Phone Available, Water Available
  • Water Source: Public
  • Green Building Features: Dumpster
  • Cooling: Other, 3+ Units
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Multiple Heating Units, Other, Space Heater
  • Heating Yn: Yes

Schools

  • Junior High Dist: Ardmore - Sch Dist (AD2)

Lot Info

  • Lot Size Sq Ft: 234353.0
  • Additional Parcels: No
  • Zoning Description: C1
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Grounds Care, Other

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2492.0

Multi Family

  • Annual Gross Income: 240000.0
  • Annual Operating Expense: 58867.0

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $860,000 -3.8% $208 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $894,000 -- $216 / Sq Ft
Source: MLS Technology

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Shelley Clements

    Seller's Agent in 2021

    Shelley Clements

    Southern Oklahoma Realty

    (580) 387-9091

    50 Total Sales

    Shelley Clements
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Source: MLS Technology

MLS Number: 2104064

MLS Technology
Oklahoma Carter County Ardmore

73401

This home since 10 February 2021. This property was built in 1955. This home is a home located in Carter County with nearby schools including Jefferson Elementary School, Ardmore Middle School, and Ardmore High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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