18 Hayward, Ardmore, OK 73401
Stabilized mobile home community with tenant-owned homes and utility infrastructure from SOWC and OG&E.
- Added:
- Jun 14, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 20 at 8:47 am
Property Features for 18 Hayward
General Information
- Standard status
- Active
- Size
- 11,882 SF
- Lot size
- 18.00 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1982
Listing office Keller Williams Realty Ardmore (580) 504-3063
Listing date Jun 14, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Ardmore
HighLights
- Established mobile home park with approximately 30 units on 18+/- acres in Ardmore, OK
- Utilities include water service via Southern Oklahoma Water Corporation (SOWC) and electrical service through OG&E
- Water testing is managed in compliance with DEQ standards
- Ownership reinvestment includes updated roofs, new A/C units, and repairs to plumbing and electrical systems
- Tenant‑owned homes with flexible rent collection; approved vendor for Chickasaw Nation housing and rent assistance
- Seller provided clean ledger sheets tracking recent gross income, monthly collections, and localized operating expenses
Overview
The property is positioned in a strategic I-35 corridor area between Dallas/Fort Worth and Oklahoma City. Ardmore is described as a regional hub with an employment base supported by Mercy Hospital and Valero Refinery, along with distribution centers for Dollar General, Best Buy, and Dot Foods.
For buyers, the park offers a practical manufactured housing entry point with predictable operations backed by a stable, diverse tenant base. Rent collection is described as streamlined and flexible, and ownership is an approved vendor for Chickasaw Nation housing and rent assistance. The seller also indicates that clean ledger sheets tracking recent gross income, monthly collections, and localized operating expenses are available, and buyers should verify historical records as part of standard due diligence.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $172.5k | $14.52 |
| − Vacancy | −$18.5k | −$1.55 |
| EGI | $154.1k | $12.97 |
| − OpEx | −$69.3k | −$5.83 |
| NOI | $84.7k | $7.13 |
Alternative Uses
Current Use by Public Records
Map
- City
- Ardmore
- County
- Carter
- State
- Oklahoma
- Longitude
- -97.212384
- Latitude
- 34.202631