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Mobile Home and RV Park
For Sale
$1,500,000

72548 322, Wagoner, OK 74467

The property combines mobile homes, RV spaces, apartments, workshop facilities, and enclosed storage units.

Property Size14,750 SF
Lot Size8.25 Acres
Price / SF$101.69
Days on Market104

Property Features for 72548 322

General Information

Standard status Active
Size 14,750 SF
Lot size 8.25 Acres
Property subtype MobileHome

Additional Details

Business Included Yes
Self-Storage Units 16
Property Use Mobile Home and RV Park

Building Details

Year Built 1955
Listing Agency: eXp Realty, LLC
Listed By: Darryl G Baskin · License #107001
Source: Spiritrealtygroup
Added: Jul 22 Changed: Nov 1 Last Checked: Nov 1 at 3:57PM

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 eXp Realty, LLC

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Investment Insights

Based on property information with market context.

This 8.25-acre park includes 15 mobile homes, 13 existing RV sites, and 9 additional rentable RV spaces. Residential improvements include a 2-bedroom, 1-bath manager’s apartment measuring approximately 1,600 SF and a 1-bedroom, 1-bath studio apartment of approximately 800 SF. A workshop has a 2-car garage and office space, while 16 enclosed units provide boat and storage space.

The property backs to Corps of Engineers land and is located minutes from downtown Wagoner and Fort Gibson Lake. The mix of residential accommodations, RV spaces, workshop facilities, and enclosed storage is part of the property’s existing configuration.

Key Highlights

  • 15 mobile homes, 13 existing RV sites, and 9 additional rentable RV spaces
  • Approximately 8.25 acres backing to Corps of Engineers land
  • Manager’s apartment: 2 bedrooms, 1 bath, approximately 1,600 SF

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$116,684
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,333,680 $2.3M
Cap Rate 7%
$1,666,914 $1.7M
Cap Rate 9%
$1,296,489 $1.3M
Market Conditions
NOI Build-Up for 14,750 SF
Gross rent
$230.1K $15.60/SF
− Vacancy
−$17.9K −$1.22/SF
EGI
$212.2K $14.38/SF
− OpEx
−$95.5K −$6.47/SF
NOI
$116.7K $7.91/SF
Area
Wagoner County, OK
Vacancy
7.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,333,680
Cap Rate 7%
$1,666,914
Cap Rate 9%
$1,296,489

Alternative Uses

Best Use
Apartment 5plus
$1.67M
$1.46M – $1.94M (±1% cap)
NOI $116,684 @ 7.0% cap · market cap 7.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.48M
$3.04M – $4.06M (±1% cap)
NOI $243,552 @ 7.0% cap · market cap 16.24%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 74467, OK

13,981
Population
6,826
Households
2
Avg Household Size
44
Median Age
20%
College-Educated
88%
High-School Grad
154.1 sq mi
ZIP Area
91
Density / Sq Mi
$58,398
Median Household Income
$39,350
Median Earnings
$852
Median Rent
$149,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - The property combines mobile homes, RV spaces, apartments, workshop facilities, and enclosed storage units.
Where is this mobile home & rv park located?
The property is located at 72548 322 Wagoner, OK.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 15 mobile homes, 13 existing RV sites, and 9 additional rentable RV spaces; Approximately 8.25 acres backing to Corps of Engineers land; Manager’s apartment: 2 bedrooms, 1 bath, approximately 1,600 SF
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