Trails End & Leisure Estates
Two Manufactured Housing Communities in Tulsa, OK
Visit Doc CenterCall for Offers: October 27, 2026
The Opportunity
Berkadia Manufactured Housing is pleased to present Trails End & Leisure Estates. This offering features 116-sites in the Tulsa, Oklahoma MSA between two well-established manufactured housing communities. They are positioned approximately 20 minutes apart, Trails End in Catoosa and Leisure Estates in Claremore.
With 95% economic occupancy, Trails End & Leisure Estates offers immediate, stabilized cash flow supported by durable demand for affordable housing in Tulsa. Average lot rents of $558 per month provide a compelling alternative to increasingly expensive homeownership, while lease-to-own programs support residents’ paths to ownership. Below-market rents create future upside, and the communities’ proximity enables potential management and maintenance efficiencies, along with utility-recovery opportunities at Trails End. Together, the portfolio’s scale, stable occupancy, rent-growth potential, and operational upside present a compelling Tulsa-area investment opportunity.
Portfolio Overview
116
Sites
2
Communities
95%
Economic Occupancy
$558
Avg Portfolio Lot Rent
Investment Highlights
Stabilized Portfolio in Tulsa MSA
The portfolio marks a strategic expansion into the Indiana market, focusing on Kokomo, with 396 sites in the city proper. There are 2 communities within 30 minutes of Kokomo, adding another 181 sites. The concentration of sites allows for economies of scale, operational efficiencies, and a competitive market advantage. The acquisition of these communities is an opportunity to own a significant number of the total manufactured housing sites within the area.
Need For Affordable Housing In Metro Area
There is substantial rental upside through the strategic leasing of vacant park-owned homes. These homes present an immediate opportunity to increase occupancy rates and generate additional rental income. Current ownership brought in 96 brand new park-owned homes (2023 or newer) and filled 89 of them, leaving 7 new homes left to fill. Additionally, there are 115 pre-owned, vacant homes. By filling only half of the vacant inventory homes, occupancy would increase to 87%, boosting ERI by $350k at the current lot rent rates. The increased occupancy not only improves revenue but also strengthens community stability and appeal. This proactive approach to utilizing vacant homes positions the investment for significant growth and profitability.
Operational Efficiencies and Utility-Recovery Upside
Property Videos
The Location
Tulsa, OK
Companies in the Tulsa metropolitan area added 38,500 jobs in the past decade to reach 483,700 workers in June 2026
Tulsa ranked among the top 50 "Cities with the Most Affordable Rent"
The city of Broken Arrow, a suburb of Tulsa, ranked No. 1 among "Best Places to Live in Oklahoma"
Tulsa ranked No. 8 among the "100 Best Large Cities to Start a Business" based on 19 key metrics

Contact Us
Orlando Office
300 South Orange Avenue
Suite 1500
Orlando, FL 32801
Investment Sales
Ian Hilpl
Managing Director
315.406.0900
[email protected]
Kevan Enger
Senior Managing Director
407.494.8541
[email protected]
Brian Hummell
Senior Director
614.468.5773
[email protected]
Hunter LaRocca
Director
407.227.9643
[email protected]
OK BROKER OF RECORD
BRIAN BROCKMAN
License #: 177814
Bang Realty-Oklahoma Inc
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2026 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.











