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1205 S Main St
Altus, OK 73521

$100,000 USD

Manufactured Housing Mobile Home Park For Sale  •  7,000 SF

Property Details

  • Property Type Manufactured Housing Mobile Home Park
  • Total Building Size 7,000 SF
  • Lot Size 1.07 AC
  • Building Class C
  • Year Built 1995
  • Cap Rate 1.00 %
  • Zoning Commercial
30 Walk Score

Description

Located at 1205 S Main Street in Altus, Oklahoma, this versatile investment property offers a compelling mix of residential income and owner-use commercial space. This has 4 tenants, storage shed and gazebo and 10 parking spaces beside ahorse farm. For sale by owner. 4 renters are month to month and can move out or keep. Total income is 1300 per month. 

An underground storm shelter is also located on the property, providing a secure space during severe weather conditions. The overall site is organized to support both residential living and professional activity, with a straightforward layout and essential amenities that enhance its usability and appeal.

Highlights

On the main highway with billboard
Two double-wide trailers – fully leased
Owner-use office
$3,000 monthly rental income

Financial Summary

Cap Rate: 1.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Taxmasters Inc

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Joshua Osborne 949-880-7300 Joshua Osborne
Joshua Osborne 949-880-7300 Joshua Osborne