Multi Family Real Estate Investment at 347203 E, OK-66, Chandler, OK 74834 | Multifamily Property for Sale - Multi Family Apartments for Sale

Oak Glen Investment Summary

This RV & Mobile Home Park positioned strategically on historic Highway 66 is a stable cash flowing asset for savvy investors looking for a high ROI. With its location and potential for expansion, this property is a lucrative prospect for those seeking to expand their real estate portfolio.
Boasting a strong rental history and stable cash flow, this property offers a solid foundation for long-term financial success. Meticulously maintained, then recently expanded to accommodate the daily visitors currently averaging $4000-$5000 monthly. The ability to raise rental rates to market and high demand in the area make this property a standout choice for those seeking reliable returns on their investment.
With multiple units and accessory income generation, investors have the opportunity to maximize their ROI. The Ability to more than double this park fairly easy makes this a lucrative buy for any investor.

About Chandler

The property is located in Chandler, Oklahoma, a small town along Highway 66 with a population of 2,960 known for its friendly community and historic downtown area.
Chandler is situated in Lincoln County, off of I-44 about halfway between OKC & Tulsa which offers a mix of rural charm and urban amenities, making it an attractive location for businesses and residents alike.
Harrah’s Oklahoma Casino developed by Iowa Tribe of Oklahoma partnering with Caesars Entertainment to be developed in 2 phases: Phase 1 = Casino + multiple dining options. Phase 2 = Hotel/resort amenities. Gaming Size: ~1,000 slot machines intended; table games expected. Timeline / Status: Announced mid-2023; construction underway. Opening expected around spring 2026 for full operations. Key benefits & goals are to bring jobs, boost local economy; leverage Caesars Rewards loyalty; become a more significant regional destination.
Nearby attractions include the Route 66 Interpretive Center, showcasing the history of the iconic highway, Chandler Lake a small129 acre with Fishing, Hiking, and Camping available and the more substantial Bell Cow Lake Size which is 1,153 surface acres. Max depth 39 ft. Shoreline 13 miles. Amenities: 4 recreation areas, boat ramps, covered fishing dock, camping (RV & primitive), restrooms, picnic tables, pavilions, a sandy beach, equestrian trails. Fishing/Wildlife: Managed as a trophy bass fishery; restriction on keeping largemouth bass over approx., offering recreational opportunities for outdoor enthusiasts.