Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1634210
  • Posted On: Mar 29, 2022
  • Updated On: Jul 4, 2022

Description

8 lot mobile home park in nice country setting. All lots are rented with long term renters and low vacancy. Homes are tenant owned. Property is professionally managed. Electricity for well pump and pressure tanks paid by seller (2021 total $936.76), all other utilities including garbage are paid by tenants. Oversized double car garage currently rented by one of the tenants. $50 Lot rent increase implemented and will be in effect April 1, 2022. Call (406) 670-1746

Location

Billings, MT

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Park Information

Community Type: All Age
Number of MH Lots: 8
Total Occupancy: 100.0 %
Year Built: 1978
Average MH Lot Rent: $350
Size: 2 acre(s)

Financial Information (Pro Forma)

Gross Income: $34,500

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 0
Average Rent for Park-owned Homes: $0