Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Land: This is land for developing a mobile home park
- Listing ID: 1634211
- Posted On: Mar 29, 2022
- Updated On: Jul 4, 2022
Description
Check out this 1.5+ acre mobile home park in Billings with 5 lots plus potential for expansion and a shop. Seller pays electricity for community well water and garbage only. Included on property is 30x48 shop with separate electric meter, cement floor. Zoning is coveted Residential Manufactured Home (RMH) This court has a country feel and is private yet close to shopping and amenities. Currently has 5 longterm renters with tenant owned homes. This court has the potential for 21 total mobile home lots if the buyer connects to city water/sewer and develop the site (buyer to verify and get details from city on lot possibilities). Plenty of off street parking. Lots currently rented below market value, see attachments for information. Call (406) 670-1746
Location
Billings, MT
Amenities
- Storage
Park Information
Community Type: | All Age |
Number of MH Lots: | 5 |
Total Occupancy: | 100.0 % |
Year Built: | 1960 |
Average MH Lot Rent: | $350 |
Size: | 2 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $27,600 |
Lot Information
Singlewide Lots: | 5 |
Doublewide Lots: | 0 |
Triplewide Lots: | 0 |
Park Model Lots: | 0 |
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 |