Mobile Home Park Details
- Listing ID: 1609045
- Posted On: Feb 21, 2022
- Updated On: Jul 19, 2022
Description
Capstone Manufactured Housing is pleased to present Village Estates at Billings. This 160-site offering presents a unique opportunity to acquire a truly passive investment in the rapidly expanding market of Billings MT, which was recently ranked #1 on Wall Street Journal’s Housing Market Index.
Located within village subdivision, all 160 lots have their own legal description, public direct-billed utilities and city-owned/maintained infrastructure, closer resembling the operations of a residential subdivision than that of a traditional MHP. Although the community runs like a traditional subdivision, there is no active Homeowners Association in place that would limit or impede on any operational control of an investor. This offering presents a one-of-a-kind investment opportunity, in one of the fastest growing markets in the county, with minimal oversight and an abundance of operational efficiencies.
View Offering Materials: https://listings.capstone-companies.com/offering-info/869/1/
Park Information
Community Type: | All Age |
Number of MH Lots: | 160 |
Total Occupancy: | 99.0 % |
Average MH Lot Rent: | $530 |
Size: | 20 acre(s) |