Photo of Mobile Home Park

Mobile Home Park Details

Purchase Method: Cash
Listing ID: 454586
Posted On: Jun 6, 2014
Updated On: Oct 10, 2014

Description

• Terrific opportunity to acquire stable, income generating mobile
home park with an apartment component generating attractive, in
place returns in beautiful Montana.
• County recently completed million dollar renovation project on the
adjacent creek that lies to the north of the property.
• Property recently removed from the 100 year flood plain.
• Community can be delivered debt free and there may be local
lenders in the market willing to provide financing.
• All homes are tenants owned and the community is on city water
and sewer.
• Park has on-site management that is willing to stay with the
community after closing.
• Owner hasn't increased rents in years.

Location

• View Vista Village is conveniently located within walking distance of
downtown Livingston, Montana and an hour away from Yellowstone
National park – home to Yellowstone Lake, the Old Faithful Geyser
and the Yellowstone Caldera.
• Montana, the “Big Sky Country,” is well known for its world class
hunting and fly fishing; local businesses in the area lead guided elk
and deer hunting trips, and the Yellowstone River, popular for its fly
fishing, runs right through the center of town.
• Downtown Livingston offers entertainment and small town charm
with many local cafes, restaurants and bars, and accessing these
amenities is easy, as the town’s infrastructure is bike and pedestrian
friendly.
• The community sits within walking distance of the local schools, two
parks and the Livingston Golf Club.
• Bozeman, the fourth largest city in the state and home to Montana
State University, lays just a short 30 minute drive away.
• The unemployment rate in Montana for April 2014, 4.8%, was
significantly lower than the national rate of 6.3% and has been
trending down.
• Major employers in the area include Livingston Healthcare,
employing 250-499 people, Albertsons, employing 50-99 and the
Livingston Enterprise, employing 20-49 – all of which are within ten
minutes of the community.