Ponca City RV Park

1015 N Waverly St. Ponca City , OK 74601

Ponca City
FOR SALE
Property Type:
RV Parks
Amount:
$1,300,000
Cap Rate:
7.25%
Last Verified:
Feb 07, 2024

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PONCA CITY RV PARK Welcome to Ponca City RV Park, a beautifully maintained owner-operator RV park in Ponca City, Oklahoma. Located at 1017 N Waverly Street, this park offers an excellent opportunity for investors and entrepreneurs looking to capitalize on the growing demand for RV travel and long-term stay options. Situated on 15.53 acres of land, Ponca City RV Park features 34 total units, including oversized concrete pads, large pull-through pads, super spaces with a shared covered Gazebo, and a small apartment. All units are individually metered for electricity, ensuring convenience and efficiency for both guests and the park management. With an average occupancy rate of 73%+ for 2021 & 2022 and a current net operating income (NOI) of $95,444,855, the park provides a solid foundation for a profitable investment. Additionally, there is ample potential for expansion and the development of additional revenue streams, offering a promising opportunity to maximize returns. In addition to its attractive financials, Ponca City RV Park benefits from its prime location in Kay County. The surrounding area boasts a growing population with a median household income of $41,552 (within a 1-mile radius) and ample amenities nearby. Don't miss the chance to own and operate Ponca City RV Park. Invest in the thriving RV industry and seize the opportunity with Ponca City RV Park- your passport to success in the lucrative world of RV park ownership. The Seller is not interested in any kind of Seller Financing terms.

Map of 1015 N Waverly St., Ponca City , OK, 74601

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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