18100 Coker Road, Shawnee, OK 74801
Pottawatomie County
Key Facts
Description
The Western Park Portfolio presents a rare opportunity to acquire two stabilized and value-add mobile home communities within the growing OKC MSA. Located in Bethel Acres, OK, just 30 miles east of Oklahoma City along I-40 and adjacent to Shawnee, this combined offering includes a total of 78 sites across Western Park I and Western Park II. Western Park I consists of 58 sites across 16.95 acres and is currently 72% occupied, offering immediate upside through lease-up and infill. The property includes 29 park-owned homes valued at approximately $1,040,000, with 87% built in 2000 or newer, 15 lot rentals, and 14 vacant lots. Utilities include lagoon sewer and rural water (park-paid), with tenants responsible for electricity. Western Park II is a newer, low-maintenance community built in 2022, featuring 20 sites on 5.17 acres. The park is 100% occupied and consists entirely of 896 SF (16’x56’) 2 bed / 2 bath rental homes. Recent construction includes full interior build-outs, modern finishes, front porches, and dual-entry access. Infrastructure includes septic systems, rural water (park-paid), and tenant-paid electricity, with additional land available for expansion. Together, the portfolio offers a strong blend of stabilized income and value-add potential, with a diverse mix of newer inventory and operational upside. The properties benefit from their location in a desirable community with strong schools and proximity to five casinos within a 7-mile radius, supporting consistent rental demand. This is a unique opportunity to acquire scale within a tight geographic footprint, with both assets located within close proximity to one another.
Property Information
Property Type
Commercial Sale
Year Built
1983
Living Area
53,310 sq ft
Lot Size
22.12 acres
Days on Market
6
MLS® Listing#
1222794
Property Features
Financial Details
Parcel Number
18100NONECoker74801
Directions
From Shawnee, OK take US-177 south for 2.8 miles. Turn right on Hardesty Road and head west for 3.9 miles. Turn left on Coker Road, mobile home park is on the right.
Affordability Calculator
$830,000
Estimated monthly payment
$22,088/mo
Principal $3,320,000 · Est. interest $4,631,695 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Shawnee, OK
- $251,961
- Median Listing Price
- 66
- Median Days on Market
- 1,668
- Median Sq Ft
- $139
- Median Price / Sq Ft
- 221
- Active Listings
- This home’s price is 1547% above the area median.
- Its price per sq ft is 44% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Shawnee, OK.
Location
Points of Interest in Shawnee, OK
Showing the Shawnee area map.
Nearby Schools
Bethel Public Schools
Secondary · 2.0 mi away
Tecumseh High School
Secondary · 3.3 mi away
Shawnee High School
Secondary · 3.6 mi away
Krouch Early Childhood Center
School · 3.7 mi away
Presbyterian Church
Elementary · 3.8 mi away
Cross Timbers Elementary School
Elementary · 3.9 mi away
Tecumseh Middle School
Elementary · 3.9 mi away
Jefferson Elementary School
Elementary · 3.9 mi away
Shawnee Public Schools
School · 4.0 mi away
Union Street Head Start
School · 4.1 mi away
Central Oklahoma Juvenile Center
School · 4.3 mi away
Shawnee Early Childhood Center
School · 4.3 mi away
Barnard Elementary School
Elementary · 4.4 mi away
Horace Mann Elementary School
Elementary · 4.8 mi away
Tecumseh Public Schools
School · 4.9 mi away
Pleasant Grove Public School
Elementary · 5.1 mi away
Liberty Academy
School · 5.2 mi away
Will Rogers Elementary School
Elementary · 5.3 mi away
Sequoyah Elementary School
Elementary · 5.4 mi away
Shawnee Middle School
Elementary · 5.9 mi away
Commute Calculator
Nearby Homes
Moving Cost Estimate
EXIT Agents in Shawnee
Listing Courtesy: Pioneer Realty - 4055096795
Presented by: Seth Koenig