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Shawnee, OK 74801

$1,200,000

16504 Gaddy Road, Shawnee, OK 74801

18,239 sq ft · Built 1983

$66
per sq ft
18
days listed
10
acre lot
Type
Investment
Year built
1983
MLS #
1220995

Opening Doors MHP is a 25-site mobile home park located in Bethel Acres, OK within the OKC MSA. Offered at $1,200,000, the property includes a diverse income mix: 16 park-owned home rentals, 4 vacant lots, 3 lot rentals, 2 stick-built home rentals, and 1 storage unit. The park sits on 10 acres with room for expansion and is currently 88% occupied, providing immediate upside through lease-up and infill. Park-owned homes are valued at approximately $890,000 (74% of purchase price). Infrastructure includes gravel roads, septic systems, and a combination of rural and well water. Located in Bethel Acres (population ~3,300), a desirable community with strong schools, just 30 miles east of Oklahoma City via I-40 and adjacent to Shawnee (population ~32,000). The property benefits from its position within the OKC MSA and proximity to five casinos within a 7-mile radius, supporting consistent rental demand. This property is owned by a local builder/developer and is offered individually or as part of a portfolio with Western Park (78 sites, $4,150,000, 8.9% cap) - located within 2 miles.

Listed for sale$1,200,000
Mar 26, 2026

History from MLS records since this home was listed.

Monthly cost

/ month

Principal, interest, taxes, insurance, and HOA.

Principal & interest
Property taxes
Home insurance
HOA

An estimate, not a quote. Rates vary by lender and credit.

MLSOK Listing provided courtesy of Seth Koenig, Pioneer Realty (405-509-6795). Status: Active.

Listings courtesy of MLSOK as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of Apr 13, 2026, 9:45 AM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

Properties displayed may be listed or sold by various participants in the MLS, as established by the applicable MLS Governing Documents.

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Data last updated Apr 13, 2026, 9:45 AM CT. MLS # 1220995. Homestead & Co is a licensed Oklahoma real estate brokerage.

$1,200,000

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