3841 N Commerce St
Ardmore, OK 73401

Excellent location: Property is adjacent to Lakeview Gold Course and across from Dornick Hills Golf Course. Here's your chance to own a turn key business with a steady income stream. Town & Country Mobile Home Park could be your new business venture. It offers 37 dedicated spaces, with overflow accommodating up to 44 . Property is clean and well maintained, which draws quality, long term tenants. With a cap rate of 11%, your investment will be pay for itself in 9 years. Current owner built the park and has owned it a number of years, but is motivated to sell to help his kids achieve their dreams. He recently put new water lines on 1/2 of the park and has upgraded many electric panels. Hand written books for last several years are on file. The 4.62 acres on the South side has not been developed, but would make a perfect spot for golf cart storage buildings or additional houses. Town & Country Mobile Home Park has a healthy mix of mobile homes and RV’s. Historically it has had a steady income 1/2 of the year, and amazing returns the other half of the year. The mobile homes provide stability, and the RV's provide greater profit. Please send me a message with your email and I will send you an excel document about the profitability and additional details. This listing has excellent returns and value-add potential. Don't miss out - come check it out for yourself! Area Info: Ardmore, OK is a rural jewel halfway between Oklahoma City and Dallas / Ft. Worth, right on I35. The population is about $25,000, but doubles if you include small communities surrounding the town. Ardmore has been booming with growth over the last decade. A new strip mall is in progress at the moment. and an older strip mall is getting a complete renovation. Burk Collins, a major developer in the area, stated that Ardmore has 400,000 people in its “shopping area”, which spans 50 miles. He also noted that Ardmore is considered a “high income” area, with the average household income at $68,000, which is 60% higher than the state average. National retailers are coming in by the droves. Ardmore is home to Noble Energy, Valero Refinery, Michelin, Dot Foods, and several other industries. Local attractions include Lake Murray and Turner Falls. The town is just 30 minutes away from the World’s Largest Casino (Winstar) and the Texas border. Ardmore City Hall and Chamber of Commerce are dedicated to work with business owners and make the town a desirable place to do business. Other fun facts about Oklahoma: Oklahoma is the second lowest in the Nation for cost of electricity (2.2 cents per kilowatt). The state is known for stability, even during National market downturns, as well as low property taxes.