Queen City dba Elk Landing Estates

About this property

Description Exceptional Value-Add Opportunity – 115-Site Mobile Home Community in Elk City, Oklahoma Investor Highlights 115 manufactured home pads Offered at less than $10,000 per pad Over 20 acres of land Approximately 5-acre development parcel within the community City water and city sewer Individually metered electric and natural gas Excellent value-add and reposition opportunity Expansion potential for additional home sites, RV sites, or self-storage (subject to approvals) Located in the regional commercial and healthcare hub of Western Oklahoma Strong demand for affordable housing Ideal for both short-term repositioning and long-term investment Queen City MHP, doing business as Elk Landing Estates, presents a rare opportunity to acquire a 115-pad manufactured housing community in the heart of Elk City, Oklahoma—one of western Oklahoma's strongest regional markets for affordable housing. Offered at less than $10,000 per pad, this property provides investors with tremendous upside through occupancy growth, operational improvements, redevelopment, and long-term appreciation. Situated on just over 20 acres, the community is served by city water and city sewer, with individually metered electric and natural gas at each lot, minimizing utility expense and simplifying operations. One of the property's most compelling features is an approximately 5-acre parcel located in the center of the community, creating exceptional flexibility for future development. Investors may choose to expand the community with additional manufactured home sites, develop RV spaces, construct self-storage facilities to serve both park residents and the surrounding neighborhoods, or pursue other complementary uses, subject to local approvals. Elk City is much more than a town of approximately 11,000 residents. It serves as the regional retail, medical, employment, and commercial center for much of western Oklahoma and the eastern Texas Panhandle, drawing consumers, workers, and businesses from a multi-county trade area. Major employers include the energy, healthcare, transportation, agriculture, manufacturing, and construction industries, all of which continue to support demand for quality workforce housing. Historically, Elk City has recognized the importance of manufactured housing in meeting the area's affordable housing needs and has generally maintained a favorable environment for well-managed manufactured home communities. Whether you're seeking an immediate value-add project or a long-term asset with significant appreciation potential, Elk Landing Estates offers an exceptional combination of affordable acquisition cost, existing infrastructure, expansion opportunities, and multiple paths to increasing value. Communities of this size, at this price point, with city utilities, expansion acreage, and substantial upside are becoming increasingly difficult to find. Park map, recent survey, tax record, 2025 Profit & Loss and recent clean Phase 1 attached.

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