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Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $202
Subdivision Woodward Co Unplatted
MLS Listing ID 2326632
Sold Date 04/12/24
HOA Y/N No
Total Fin. Sqft 2100
Year Built 1996
Annual Tax Amount $2,077
Tax Year 2022
Lot Size 10.050 Acres
Acres 10.05
Property Sub-Type Multi Family
Property Description
Fulfill your dream of owning your own lucrative business with Cottonwood RV Park located in Woodward, Oklahoma. This smooth running business is located on 10 acres m/l and includes 44 full hookup RV sites with submetered utilities. This park has room for expansion, and is putting up some impressive numbers with its 95% occupancy rate and lower than average expense ratio. The park is the only park in the area with mature shade trees which provide relief from those hot summer days, and high energy costs. The bathhouse and community center invites your guests in to utilize the facility whether it be for a relaxing movie night, competitive game of pool on the billiards style table, or to catch up on some much needed laundry. Another popular feature is the fenced in dog park where your customers and their companions can enjoy a relaxing stroll as the sun fades. In addition to RV site income, this property comes with a 2100 sqft rental house, and stand alone cabin that maintains a healthy stream of income year round. Another 1700+ sqft updated modular home is well maintained and speaks professionalism from the inside and out. This home could generate additional revenue, or service your customers as an office, business rental site, or community gathering space. Speaking of space, there's no shortage of space in this park, as there are an additional 3 acres of development ground, and 2 storage buildings on site. Additional improvements the guests choose this park for, are the new frost free hydrants and picnic tables at each site, 3 storm shelters, and a great community of guests and staff. If you are looking to build your retirement portfolio or step into multi-family real estate as a large RV park owner, this package is sure to impress.
Location
State OK
County Woodward
Interior
Interior Features Ceiling Fan(s), Insulated Doors
Heating Electric, Other
Cooling Other
Fireplace No
Heat Source Electric, Other
Exterior
Exterior Feature Lighting
Fence Partial
Utilities Available Electricity Available, Water Available
Water Access Desc Rural
Roof Type Other
Building
Foundation Slab
Lot Size Range 10.05
Sewer Septic Tank
Water Rural
Structure Type Manufactured
Schools
School District Woodward - Sch Dist (Ww0)
Others
Tax ID 0000-23-22N-20W-4-414-00
Security Features Smoke Detector(s)
Green/Energy Cert Doors
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Bought with Arrowhead Land Company LLC
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