Helena Campground - for Sale in Helena, Montana
Helena, MT
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Mobile Home Park for Sale |
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| Number of MH Lots: | 106 |
| Size: | 20 acre(s) |
| Cap Rate: | 12.0% |
| Purchase Method: | New Loan |
| Status: | Active |
| Property ID: | 12915 |
| Posted on: | Jun 02, 2010 |
| Updated on: | Apr 26, 2011 |
| Price: | $1,300,000 |
Property Description
Nice park in Helena, Was the Helena Campground KOA been converted into mobile home spaces. John Hurd property management handles the management. There's a dozen ways to add more income to this property.
We would like to keep the management on this property as well.
There are several local banks in the area that will do the financing on this park. We're already doing the management of this park, so it would be a very easy take over. Call me for more info.
Park Information
| Number of MH Lots: | 106 |
| Total Occupancy: | 100.0% |
| Year Built: | 1978 |
| Average MH Lot Rent: | $240 |
| Size: | 20.0 acre(s) |
Financial Information (Actual)
| Gross Income | $276,000 |
| Operating Expense | $97,440 |
| Net Operating Income | $168,400 |
| Expense Ratio | 35.3% |
| Debt Info |
RV Information
| Number of RV Lots: | 54 |
| Average RV Lot Rent: | $300 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 2 |
Amenities and Other
| Laundromat: | Yes |
| Pool: | Yes |
| Club House: | Yes |
| Storage: | Yes |
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