Investment Overview

The Little Mobile Home Park is a mobile home park located in Kingston, Oklahoma. The property consists of approximately 11 acres and includes 57 mobile home sites. There are 52 park-owned homes with 9 in need of rehabilitation, 6 are needing to be demolished, and 2 with electric only. There are also 5 mobile home lot rents and 30 boat stalls. The property operates on city water and sewer, with residents paying for water, sewer, and trash removal. Electric and gas services are billed directly to the residents. The property is located in an Opportunity Zone. The Little Mobile Home Park is situated in a prime location within Kingston, Marshall County, Oklahoma. The property benefits from its proximity to several desirable amenities: • Lake Texoma State Park: Just 11 minutes away, residents can enjoy the recreational opportunities offered by this popular state park, including boating, fishing, hiking, and camping. • Chickasaw Pointe Golf Club: Ranked among the top 3 public access golf courses in Oklahoma, this course is conveniently located 10 minutes from the property. • Accessibility: The mobile home park holds a strategic position roughly halfway between Dallas and Oklahoma City, offering residents easy access to major metropolitan areas. It also sits midway between Interstate 35 and U.S. Highway 69-75, with a direct connection via U.S. 70. This central location provides convenient transportation options. • Tourism: the tourism industry surrounding Lake Texoma brings approximately seven million visitors to the area annually. Two major development projects poised to further elevate Kingston’s profile: • Pointe Vista: Construction is well underway on this massive $1 billion master-planned resort, just 6 miles from the property. This development includes the Hard Rock Hotel with 700 rooms, alongside 3,000 condos, townhouses, and single-family home sites. The project also encompasses a Chickasaw Golf Course, country club, spa and tennis center, marina, resort pool complex, beach club, outdoor recreation areas, event spaces, lakeside amphitheater, treetop adventure course, and extensive trails. • West Bay Casino and Resort: Opened in May 2023, this resort is already generating a significant economic impact. The West Bay Casino employs over 170 people and is estimated to contribute $168 million to the local economy over the next five years.