3171 W North Avenue Ponca City OK 74601 | Multi Family Real Estate | Multifamily Property For Sale | Multi Family Apartments For Sale | Multifamily Real Estate For Sale

The property is currently operating at approximately 19% occupancy, creating substantial opportunity for income growth through improved management and targeted marketing.
Stabilizing occupancy closer to typical RV park levels could significantly increase rental revenue and overall asset value.
The current vacancy presents investors with the opportunity to implement operational improvements and drive occupancy over time.

Offered at approximately $15,476 per site, the property can be acquired well below the cost of developing a comparable RV park today.
New RV park development typically requires significant capital for infrastructure, utilities, and permitting. Acquiring an existing park with infrastructure already in place allows investors to enter the asset class at an attractive basis.

Current RV site rents of $375 per month plus electric provide the opportunity for gradual rent increases as occupancy improves.
Improved management and marketing efforts could increase tenant demand and stabilize long-term occupancy. Additional operational improvements may increase revenue while enhancing the overall tenant experience.

The property consists of approximately 6.32 acres, providing areas that may support additional RV site development.
Expanding the number of RV pads could increase total rental capacity and future revenue potential. A new owner may explore phased expansion opportunities to maximize site count over time.

The property offers the potential to introduce ancillary revenue streams commonly found in stabilized RV park operations.
Installing a coin-operated laundry facility could generate additional income while providing a valuable amenity for tenants.
Additional ancillary revenue opportunities may include: • Coin-operated laundry machines • Vending machines or snack kiosks • RV or trailer storage • Propane sales • Premium RV sites with upgraded features • Short-term or nightly rentals for transient travelers These additional income streams can increase overall park revenue while improving tenant convenience.

The property benefits from existing infrastructure including: • Municipal water service • Municipal electric service • Wastewater treatment lagoon
Individual electric metering allows tenants to pay their own electricity usage, reducing operating expenses and simplifying management.

The property benefits from free municipal Wi-Fi available through Ponca City’s citywide network, providing convenient internet access for tenants and visitors.
Reliable internet connectivity is an increasingly important amenity for RV travelers and extended-stay tenants.

Ponca City sits at the intersection of US-77 and US-60, providing direct north–south travel between Wichita, KS and Oklahoma City and east–west access across northern Oklahoma, creating consistent RV and road-trip traffic.
US-77 runs directly north–south through Ponca City, serving as a primary route for regional commercial traffic and long-distance travelers moving between Kansas and central Oklahoma.
The city’s highway access makes it a natural overnight stopping point for RV travelers and work crews moving across northern Oklahoma and southern Kansas.

Ponca City is home to the Phillips 66 Ponca City Refinery, one of the largest refineries in the Midwest and a major regional employer that regularly brings in contract workers, engineers, and technicians.
The refinery and surrounding industrial operations create periodic demand for temporary housing during maintenance shutdowns, expansions, and contractor work, which commonly drives
The broader regional economy also includes energy services, manufacturing, and agricultural support industries, generating steady workforce travel into the city.

Ponca City functions as the economic and service center for Kay County, drawing residents from surrounding towns including Blackwell, Tonkawa, Newkirk, and rural Kansas communities.
The city hosts major retail corridors, healthcare services, and employment centers that serve the broader region.
As the largest city in the county, Ponca City naturally attracts visitors, workers, and contractors traveling from smaller surrounding communities.

Ponca City features several well-known regional attractions including the Marland Mansion & Estate, a historic landmark and museum that attracts visitors interested in Oklahoma oil history.
The Pioneer Woman Museum is a statewide cultural destination honoring the history of women in Oklahoma and regularly draws tourists and educational groups.
Standing Bear Park, one of the largest Native American parks in the United States, attracts visitors traveling through northern Oklahoma.

Ponca City is located near Kaw Lake, a major recreational destination known for boating, fishing, camping, and seasonal tourism.
The nearby Arkansas River corridor and surrounding public lands attract hunters, anglers, and outdoor recreation visitors who frequently travel with RVs.

Ponca City’s hospitality market primarily consists of traditional hotels with limited extended-stay inventory, leaving a gap for longer-term lodging options.
Contractors, traveling workers, and seasonal visitors often seek more affordable and flexible accommodations, making RV parks a practical alternative.
In smaller regional markets like Ponca City, RV parks frequently serve both tourism and workforce housing demand simultaneously.

Ponca City is located near Northern Oklahoma College in Tonkawa, which brings students, faculty, and visitors into the area.
The Ponca City RecPlex and other local sports facilities host tournaments and community events that attract regional visitors.
Local festivals and community events in the downtown district and surrounding parks generate periodic increases in visitor traffic.