16504 Gaddy Road

Opening Doors MHP is a 25-site mobile home park located in Bethel Acres, OK within the OKC MSA. Offered at $1,200,000, the property includes a diverse income mix: 17 park-owned home rentals, 4 lot rentals, 2 stick-built home rentals, 1 rent-to-own unit, and 1 storage unit. The park sits on 10 acres with room for expansion and is currently 88% occupied, providing immediate upside through lease-up and infill. Park-owned homes are valued at approximately $890,000 (74% of purchase price). Infrastructure includes gravel roads, septic systems, and a combination of rural and well water. Located in Bethel Acres (population ~3,300), a desirable community with strong schools, just 30 miles east of Oklahoma City via I-40 and adjacent to Shawnee (population ~32,000). The property benefits from its position within the OKC MSA and proximity to five casinos within a 7-mile radius, supporting consistent rental demand. This property is owned by a local builder/developer and is offered individually or as part of a portfolio with two nearby parks: Western Park I (59 sites, $2,850,000, 10.56% cap) and Western Park II (20 sites, all 2022 2/2 homes, $1,450,000, 10.07% cap)—both located within 2 miles.