Current Use by Public Records
- Mobile home & RV parks
Property Details for 744 Kemp St
- Property type
- Mobile home & RV parks
Description
This exceptional Core Class B mobile home park, located at 744 North Kemp Street, Kingston, OK 73439, presents a compelling investment opportunity. The property boasts six mobile home units situated on a one-acre lot, currently enjoying 100% occupancy and generating a substantial Net Operating Income (NOI) of $45,000. This translates to an attractive 8.5% capitalization rate, making it an ideal addition to any portfolio seeking strong, stable returns. The asking price for this turnkey operation is $529,411. Long-term tenants contribute to the consistent cash flow, minimizing vacancy concerns. The property's strong performance metrics, coupled with its location in Kingston, Oklahoma, make it a highly desirable investment. This is a rare opportunity to acquire a well-maintained, high-performing mobile home park with a proven track record of success. The property is offered as-is. All financial information is based on current operating data. Serious inquiries only.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kingston
- County
- Marshall
- State
- Oklahoma
- Longitude
- -96.7221
- Latitude
- 34.0058
