Shady Grove

RV Park

S h a d y G r o v e

OKLAHOMA BROKERAGE TEAM

JEFF WEIDES

direct: 405.315.3601

website: www.okrealestate.pro

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T E X A S B R O K E R A G E T E A M

CARRIE L SIEGER

Partner

direct: 262.812.6420

website: www.jtacr.com

JOHN AULETTA

Partner

direct: 214.803.7536

Website: www.jtacr.com

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C O N T E N T S

INVESTMENT OVERVIEW

MARKET OVERVIEW

PROPERTY DESCRIPTION

MOBILE HOME MARKET

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I N V E S T M E N T O V E R V I E W

Executive summary

Investment highlights

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E X E C U T I V E S U M M ARY

JTACR Real Estate Group is pleased to present Shady Grove RV Park: a small community located in Kiowa, OK. The community

consists of 19 RV sites, one single family residence, one mobile home, and 3 storage units. The community is conveniently

located just 20 minutes south of McAlester, Oklahoma and has been around for almost 20 years. The property is covered with

mature oak trees and has plenty of space to possibly double capacity. Majority of residents are long-term.

Kiowa, OK USAC I T Y / S T A T E

All-AgeT Y P E

24S I T E S

+1.5A C R E A G E

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CENTRALLY LOCATED IN KIOWA, WITH EXCELLENT PROXIMITY TO THE SURROUNDING AREA AND AMENITIES

I N V E S T M E N T H I G H L I G H T S

PUBLIC UTILITIES

APPROXIMATE 20 YEAR OLD COMMUNITY WITH MATURE OVERHEAD TREE COVERAGE

UPSIDE IN INCREASING OCCUPANCY OF VACANT PADS, ADDING AMENITIES, AND IMPROVING THE COMMUNITY

AESTHETIC

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Note: this is a rendering and not to be deemed 100% accurate

M A R K E T O V E R V I E W

Area overview

Market fundamentals

Lifestyle & attractions

Nearby amenities

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AREA OVERVIEW

Kiowa is located in Pittsburg County on U.S. Highway 69 at its intersection with State Highway 63. The town was founded in 1872 when the Missouri, Kansas and Texas Railway, known as the "Katy," was extended southward from McAlester, Indian Territory, to Denison, Texas. Kiowa offers suburban living with a rich history and solid steady growth. Kiowa is located near local eateries as well as beautiful parks.

Pittsburgh CountyPittsburg county is rich with historical sites and landmarks. Highway 69 includes stops for golf, casinos, historical sites, parks and shopping centers. The mountainous county provides plenty of sightseeing opportunities for travelers and residents alike.

EconomyKiowa is a bedroom community for the surrounding industries. The most notable are the industries are in McAlester, located 20 miles outside of Kiowa. The top employers are McAlester Ammunition Plant, McAlester Regional Medical Center and McAlester Public Schools. The population of Kiowa is employed by these and other industries in the surrounding areas. The breakdown is illustrated in the first table.

PopulationCost of living in Kiowa is very low compared to the national average. Over 70% of the the residents in Kiowa are homeowners and rental rates remain low. With a population of under 700 people, Kiowa is a quaint small town within a short drive to major industries and historical sites.

InfrastructureKiowa is located on US 69 which quickly connects to 270. Interstate 270 runs North to South and connects Pittsburg County to route 40.

TOP EMPLOYERS IN YOUR CITY

Industry Employment % of population

Sales -------------------------- 12.5%

Management -------------------------- 12.1%

Production -------------------------- 11.3%

Transportation -------------------------- 7.42%

Installation / Repair -------------------------- 7.03%

TITLE TITLE # HERE

TITLE # HERE

POPULATION Source: U.S. Census Bureau

2017 2018 2019 2020 2021

Kiowa 797 809 811 767 767

Pittsburg County

44,154 43,870 43,654 43,488 43,222

Oklahoma 3.93m 3.94m 3.95m 3.97m 3.98m

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LOCAL ATTRACTIONS

POINTS OF INTERESTSpeedline EntertainmentSpeedLine Entertainment Family Fun Park, located in

McAlester, is the perfect choice for family fun entertainment at

reasonable prices in Southeast Oklahoma. This facility includes

a 25,000 sq. ft. 18 Hole Pro Miniature Golf Course and 6

Automatic Batting Cages for baseball or softball. SpeedLine

Mini Golf Course has a huge natural rock waterfall with ponds,

rivers, and fountains making the place an excellent leisure

outlet for people in all ages. The Iron Mike automatic pitching

machine is ideal for batting practice or just to have a fun hitting

some balls. SpeedLine Entertainment... It's fun for everyone!

Defending our Freedom MonumentThis drive by monument is dedicated to all service membersboth still serving and those who have died defending ourfreedom. The monument displays the MOAB bomb.

Choctaw CasinoEnjoy slots, table games, live entertainment and a restaurant.The Choctaw Casino is the hub of entertainment and gamblingnear Kiowa.

TOP 5 THINGS TO DO IN YOUR TOWNaccording to trip advisor

1. Speedline Entertainment

2. Great Balls of Fire Family Entertainment Center

3. Defending our Freedom Monument

4. Hick’s Hideout

5. Choctaw Casino - McAlester

MARKET OVERVIEW | 14

Top 10CITY WITH THE LOWEST COST OF

LIVING IN OKLAHOMA—AREAVIBES—

TOP 20BEST PUBLIC SCHOOL

DISTRICTS IN OKLAHOMA-NICHE-

MARKET OVERVIEW | 14

NEARBY AMENITIES

vv

1. Quick Bites 2. Local Eateries

3. Shopping Destinations

PIC HERE 7.34 X 3.2

PIC HERE 4.09 X 3.03

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P R O P E R T Y D E S C R I P T I O N

Property details

Parcel view

Location map

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P R O P E R T Y D E TAI L S

Street Address

City, State

County

CBSA

Property Type

Community Type

Total Rental Sites

Total Acreage

Parcel Number(s)

Year of Construction

Flood Zone

909 Jackson Ave

Kiowa, OK 74553

PITTSBURGH

PITTSBURGH

RV/MOBILE HOME PARK

ALL AGES

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1.5187 ACRES

936, 938

1985

NO

Opportunity Zone NO

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I N F R AS T R U C T U R E & U T I L I T I E S

TYPE PROVIDER PAID BY METERED/DIRECT BILLED

Water Public PARK MASTER

Sewer Public PARK MASTER

Electricity Public PARK Direct-Billed

Trash Public PARK Direct-Billed

Natural Gas Public PARK Direct-Billed

Cable/Internet/Phone Multiple Resident Direct-Billed

UTILITIES

TYPE RESPONSIBILITY PAID BY

LAND SCAPING HOMES

MIX MIX

LANDSCAPING MAIN

PARK PARK

PEST PARK PARK

ADDITIONAL SERVICES

STAFF/THIRD PARTY MANAGEMENT

On-site Staff NO

Third-Party Management Company

NO

INFRASTRUCTURE

TYPE

ROAD SURFACEASPHALT/

DRIVEWAY SURFACE GRAVEL

PARKING PER SITE 2

ELECTRICAL AMPERAGE 100-200

OWNER RESPONSIBILITY

ABSENTEE YES

OFF SITE MANAGEMENT YES

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S I T E M I X & R E N TAL B R E AK D O W N

TOTAL OCCUPIED ECONOMICOCCUPANCY %

PHYSICALOCCUPANCY %

MONTHLYLOT RENT

TOTAL RENTAL SITES 24 25%

RV/TENANT OWNED/LOT ONLY 19 5 26% $325

PARK OWNED HOME (POH) 1 0 0%

STORAGE 3 0 0%

SINGLE FAMILY RESIDENCE 1 1 100% $600

POH SUMMARY

RENT INCREASE HISTORY

TOTAL %MH SITES HOME RENT AVG HOME YEAR

VALUE/BALANCE

TOTAL POH SITES 2 8% $400-600 1980 $75,000

MOBILE HOME 1 $5,000

SINGLE FAMILY RESIDENCE 1 $70,000

DATE AMOUNT

RENT AMOUNT NA

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R V M A R K E T

Local Map

Regional Map

Comparable sales

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K I O WA

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C O M PAR A B L E S AL E S

PROPERTY ADDRESS CITY/STATE SITES PURCHASE PRICE PRICE/PAD SALE DATE

SUBJECT 909 Jackson AveKiowa, OK

7455320 $11,200

Mesquite Oasis RV Park

7601 W 42nd St, Odessa, TX 79764

Odessa, TX 79764

100 $37,700 2018

Circle 8 RV Park 2600 S Janice St, Monahans, TX 79756

96 $16,842 2019

Red Bear Resort 10169 Red Bear

Resort, Wills Point, TX

75169112 $17,857 2019

Acme RV Park3807 S County Rd

1210Midland, TX

7970666 $30,909 2020

American RV Park4345 State Hwy 31

W, Corsicana, TX

75110156 $24,359 2020

Axton's Bass City 2959 FM2946, Emory, TX

7544071 $9,155 2019

Average $22,803

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O F F E R I N G D E TAI L S

JTACR Real Estate Group has been engaged as the exclusive listingBroker representative of the Owner for the sale of this property. Nocontact shall be made by any prospective purchaser or agents to theOwner, its executives, staff, personnel, tenants, or related parties.

This Investment Offering Memorandum is a confidential solicitationof interest, and the information provided herein is provided for thesole purpose of considering the purchase of the Property. The Ownerexpressly reserves the right, at its sole discretion, to reject any or allexpressions of interest to purchase the Property or to terminatediscussions with any entity at any time with or without notice. TheOwner shall have no legal commitment or obligation to any entityreviewing the Investment Offering Memorandum or making an offerto purchase the Property unless and until the Owner executes anddelivers a signed Purchase Agreement on terms acceptable tothe Owner. By receipt of this Offering Memorandum, prospectivepurchaser will be deemed to have acknowledged the foregoing andagrees to release the Owner from any and all liability with respecthereto.

The enclosed materials are being provided solely to facilitate theprospective purchaser’s own due diligence for which the purchasershall be fully and solely responsible. All information contained hereinis confidential in nature, and recipient agrees not to photocopy,duplicate, forward, distribute, or solicit third party interest withoutwritten permission and consent from Owner or CapstoneManufactured Housing, LLC.

Neither JTACR Real Estate Group nor the Owner make anyrepresentation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothingcontained herein shall be relied upon as a promise or representationas to the future performance of the Property.

OFFER SUBMISSION

ASKING PRICE & TERMS

SOURCES

Offers should be presented in the form of a non-binding Letter of Intent, spelling out all significant terms and conditions of Purchaser’s offer including, but not limited to, (1) asset pricing, (2) due diligence and closing timeframe, (3) deal structure and each party’s rights and responsibilities (as applicable), (4) earnest money deposit, and to include (5) a resume of previous multi-family ownership experience, as well as (6) qualifications to close, and (7) details of debt and equity financing.

$299,000

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RV PARK

S H A D Y G R O V E

CARRIE L SIEGERPARTNER

Direct: 262.812.6420Email: carrie@jtacrgroup.com

Website: www.jtacr.com

JOHN AULETTAPARTNER

Direct: 214.803.7536Email: john@jtacrgroup.com

Website: www.jtacr.com