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South Acres Community

Bristow, OK

South Acres Community, Bristow, OK

Asking price

$2,400,000

Sites

45

Cap rate

Price / site

$53,333

About this property

Description South Acres (Location Highlights) •Just 30 miles from Tulsa, 60 miles from Oklahoma City •Located in Bristow, OK – county seat of Creek County •Direct access to I-44 – key route between OKC & Tulsa •Part of the Tulsa Metropolitan Area South Acres (Property Overview) •45 total pads: 44 MH + 1 RV •12.88 acres – zoned for MHP/RV use •Park established in the 1960s •Not in a flood zone •Approx. half of the land is undeveloped •Reonomy indicates this property is located in an opportunity zone. South Acres (Occupancy & Units) •30 pads currently occupied •36 Park-Owned Homes (POHs) •6 Tenant-Owned Homes (TOHs) •1 new home ready for installation •1 home off rent roll due to damage •8 units need demolition •POH titles are not held for all units South Acres (Rental Income) •POH Rent: Avg. $800/mo (last raised Spring 2025) •TOH Rent: Avg. $400/mo (last raised Summer 2024) South Acres (Infrastructure & Utilities) • •Pad size: ~90’ x 30’ •City water & sewer •East side: Direct-billed by city •West side: Master-metered & backbilled by owner •PVC underground pipe •Electric meters on every lot •Residents pay for garbage •Roads: 1 asphalt, 1 gravel – both in “decent” condition •Storm shelter on-site •Butler steel building serves as shop & office South Acres (Management & Operations) •On-site manager and maintenance man in place •Rent paid by money order via mail •7 tenants behind on rent •Some tenants mow; others use park’s contractor •Residents responsible for snow removal South Acres (Recent Upgrades) •12 new homes added •New monument sign installed •Ongoing interior renovations South Acres (Value-add Potential) • If kept, the current owners would: •Complete install of final new home •Demolish uninhabitable units •Renovate storm shelter •Develop unused land •Pave internal roads •Add new community amenities South Acres (Financing) Owner financing available – terms negotiable. Brokerage: MR. LANDMAN, LLC is a licensed entity in the State of Oklahoma under Lic#201400. Jonathan Fisher is a licensed managing broker in the State of Oklahoma under Lic#201422.

All details

Asking price$2,400,000
Sites45
Price per site$53,333
Year built1960
Address37 South Acres West
First seenSep 6, 2026
Last verifiedSep 7, 2026

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