Photo of Multi Family Housing
Photo of Multi Family Housing
Photo of Mobile Home Community
Photo of Mobile Home Community
Photo of Multi Family Housing
Photo of Mobile Home Community

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 9.2%
  • Listing ID: 1110107
  • Posted On: Jul 22, 2019
  • Updated On: Nov 26, 2019

Description

Price reduction! 124 lots with 65 park owned trailers. Lot rent hasn't been raised since 2014. City water and sewer.

Buyer to verify all park financials.

Call 406-616-2725 for inquiries if you cannot reach Dylan.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 124
Total Occupancy: 95.0 %
Year Built: 1980
Average MH Lot Rent: $250
Size: 36 acre(s)

Financial Information (Actual)

Gross Income: $531,708
Operating Expense: $208,983
Net Operating Income: $322,724
Expense Ratio: 39.3 %

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 64
Average Rent for Park-owned Homes: $500

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