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Maple Grove MHP

Tulsa, OK · View on map ↗

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Representative mobile home community photo for Maple Grove MHP

Investment snapshot

96-lot community in east Tulsa with city water and sewer, paved roads, and a long waiting list for lots. Acquired off-market from a retiring owner at an attractive basis.

8%target cash-on-cash
15%target IRR
1.9xtarget equity multiple
Purchase price$3,350,000
Equity raise$1,500,000
AcquiredAug 15, 2024
Minimum investment$50,000

What investors should verify

  • Compare the business plan with the rent roll, occupancy, utilities, roads, and capital budget.
  • Read investor-only documents before committing capital.
  • Use the briefing or question form to pressure-test assumptions with the sponsor.

Business plan

Professionalize operations, bill back utilities, fill 12 vacant lots with used homes, and bring lot rent to market over 24 months. Refinance in year 3 to return a portion of capital.

The property today

Stabilized 96-lot community at 94% occupancy with a waiting list for lots; utilities fully submetered and lot rents at market.

Address1180 E Pine St, Tulsa, OK 74106
UtilitiesCity water & sewer, submetered · tenant-paid electric
RoadsPaved
AmenitiesPlayground, on-site laundry

Photos

Representative community photo shown until the full site gallery is uploaded.

Representative mobile home community photo for Maple Grove MHP Open gallery

Documents & materials

Investor-only documents

Sensitive offering and diligence materials are available only after sign-in or approved access.

Sign inRequest access
Offering memorandumInvestor access required
Rent roll and trailing financialsInvestor access required
Underwriting modelInvestor access required
Legal and subscription documentsInvestor access required

Public updates

Jul 2, 2025

Lot rents reach market

Twelve months in, Maple Grove lot rents reached market at $325 with zero move-outs — a testament to how far below market the community had been kept, and to the demand for quality affordable housing in Tulsa.

The information on this site is for general information only and does not constitute an offer to sell or a solicitation of an offer to buy any security. Any offer will be made only to qualified investors through definitive offering documents. Projected returns are estimates, are not guaranteed, and actual results will differ. Past performance does not guarantee future results. Investments involve risk, including possible loss of principal.