18 Hayward

Description

C&W Mobile Home Park is an established, stabilized community of approximately 30 units situated on 18+/- acres (CH) in Ardmore, Oklahoma—a strategic hub on the I-35 corridor between Dallas/Fort Worth and Oklahoma City. Featuring a proven track record of year-over-year revenue growth, this asset offers a low-overhead, low-liability structure, as most homes are tenant-owned. As a thriving Southern Oklahoma regional hub, Ardmore features a robust employment base driven by Mercy Hospital, Valero Refinery, and distribution centers for Dollar General, Best Buy, and Dot Foods. This strong foundation fuels a constant local demand for affordable housing. For an incoming buyer, immediate room for growth exists through rent optimization, filling vacant pads, or physical expansion utilizing the park's existing capacity. The property is equipped with reliable utility infrastructure, featuring water service via Southern Oklahoma Water Corporation (SOWC) and electrical service through OG&E. Water testing is managed in compliance with DEQ standards. Current ownership has actively reinvested in the park's infrastructure—updating roofs on park assets, installing new A/C units, repairing plumbing and electrical systems, and completing ongoing grounds upkeep including gravel and sod enhancements. Operations are highly predictable, supported by a stable, diverse tenant base. Rent collection is streamlined and flexible, accommodating standard tenant payments while being an approved vendor for Chickasaw Nation housing and rent assistance. This community represents a competitive entry point into the regional manufactured housing market, ideal for investors seeking immediate cash flow paired with long-term expansion potential. While the seller maintains clean, comprehensive ledger sheets tracking recent gross income, monthly collections, and localized operating expenses, buyers should anticipate standard due diligence and verify historical records independently.