17-Space Mobile Home Park Poteau, OK
This 17-space park sits within Poteau city limits, about 40 minutes from Fort Smith, AR, surrounded by growing towns. It has full city utilities (water, sewer, electric) and strong cash-flow potential with several near rent-ready units and open spaces for future homes.
Vacant homes will need utility reconnections and light maintenance after sitting for about a year. Once complete, they ll be ready to rent.
Current Income
3 units rented: 2 at $800/mo, 1 at $600/mo
Total: $2,200/mo ($26,400/yr)
Tenants pay all utilities
Expenses
Taxes: $368/yr
Insurance: $1,400/yr
Value-Add Potential
4 homes near rent-ready, need utility reconnections and minor work
Projected income after: $67,200/yr
10 vacant pads available for new homes
Full occupancy potential: $96,000/yr
Strong area rental demand
Reason for Sale
Owner focusing on new business in Dallas area.
Highlights
17 total spaces
City utilities
Tenants pay all utilities
Low owner expenses
3 rented, 4 nearly ready, 10 vacant pads
$2,800 glass repair quote in hand
Excellent upside
40 minutes to Fort Smith, AR
- Age: 41-50 Years Old
- Architecture Style: Other
- Legal Description: POTEAU K C S ADD 2 BLK 1 LOT 11 B1728 P649 B1832 P973.
- MLSID: 1085149