Skip to main content

RV Park

Shawnee RV Park

8975 N Harrison St, Shawnee, OK 74801

Listing Price: $1,450,000

Cap Rate
10.08%
Number of Spaces
90
Lot Size
27.25 acres
Occupancy
57.0%
Price/Space
$16,111
Spaces/Acre
3.30
Year Built
2018

Investment Overview

Shawnee RV Park is a 90-site RV Park located in Shawnee, Oklahoma, less than 45 minutes outside of Oklahoma City. The Park was recently built in 2018 on a total of 27 acres. There is acreage that has yet to be developed. The park’s amenities include laundry, showers, bathrooms, Wi-Fi, cable, and a fishing pond. All of the roads throughout the park are graveled and all sites are pull-through gravel sites. The Park runs on rural water and a lateral line lagoon septic system and currently pays all the utility costs. The RV site rent has never been raised and is currently sitting slightly below market rent. The city of Shawnee, Oklahoma offers many local attractions including the Mabee-Gerrer Museum of Art, Pottawatomie County Museum and the Citizen Potawatomi Nation Cultural Heritage Center. Shawnee’s visitors and residents also have access to the many attractive job opportunities in Oklahoma City as well. Shawnee is also home to the Gordon Cooper Technology Center and Oklahoma Baptist University and also serves as a regional medical center according to ShawneeOK.org. The major employers in the area also include the Oklahoma Baptist University, SSM Health Hospital, as well as the many casinos nearby. The businesses employ thousands of residents every year which creates a need for both long term and short-term housing. The asset is located just off State Highway 18 and is less than 15 minutes from Interstate 40. There is a Walmart Supercenter located less than 10 minutes from the park. The Will Rogers World Airport is less than 45 minutes from the park. Shawnee RV Park is being offered at a day one capitalization rate of 10.08 percent and a pro form capitalization rate of 13.04 percent.

Investment Highlights

  • Offered at a Day One Cap Rate of 10.08%
  • Recent Build in 2018
  • Located Outside of Oklahoma City to the East
  • Less than 1 Hour from Will Rogers World Airport
  • Expansion Opportunity with Undeveloped Land

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s) OK: 181981

    Oklahoma

Listing Price: $1,450,000

Cap Rate
10.08%
Number of Spaces
90
Lot Size
27.25 acres
Occupancy
57.0%
Price/Space
$16,111
Spaces/Acre
3.30
Year Built
2018

Investment Highlights

  • Offered at a Day One Cap Rate of 10.08%
  • Recent Build in 2018
  • Located Outside of Oklahoma City to the East
  • Less than 1 Hour from Will Rogers World Airport
  • Expansion Opportunity with Undeveloped Land

Investment Overview

Shawnee RV Park is a 90-site RV Park located in Shawnee, Oklahoma, less than 45 minutes outside of Oklahoma City. The Park was recently built in 2018 on a total of 27 acres. There is acreage that has yet to be developed. The park’s amenities include laundry, showers, bathrooms, Wi-Fi, cable, and a fishing pond. All of the roads throughout the park are graveled and all sites are pull-through gravel sites. The Park runs on rural water and a lateral line lagoon septic system and currently pays all the utility costs. The RV site rent has never been raised and is currently sitting slightly below market rent. The city of Shawnee, Oklahoma offers many local attractions including the Mabee-Gerrer Museum of Art, Pottawatomie County Museum and the Citizen Potawatomi Nation Cultural Heritage Center. Shawnee’s visitors and residents also have access to the many attractive job opportunities in Oklahoma City as well. Shawnee is also home to the Gordon Cooper Technology Center and Oklahoma Baptist University and also serves as a regional medical center according to ShawneeOK.org. The major employers in the area also include the Oklahoma Baptist University, SSM Health Hospital, as well as the many casinos nearby. The businesses employ thousands of residents every year which creates a need for both long term and short-term housing. The asset is located just off State Highway 18 and is less than 15 minutes from Interstate 40. There is a Walmart Supercenter located less than 10 minutes from the park. The Will Rogers World Airport is less than 45 minutes from the park. Shawnee RV Park is being offered at a day one capitalization rate of 10.08 percent and a pro form capitalization rate of 13.04 percent.

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s): OK: 181981

    Oklahoma

MM Texture Background
MM Textured Background Lower