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Address is 5440 Lower River Road Great Falls, MT 59405

Matthew Guderjahn


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Home Trailer Court

Multi Family Housing for Sale in Great Falls, Montana

5440 Lower River Road
Great Falls, MT 59405

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Sale Price: $425,000
 

Contact Information

Matthew Guderjahn

Mobile Home Park for Sale

Number of MH Lots: 7
Cap Rate: 15.0%
Status: Active
Property ID: 832895
Posted on: Jul 16, 2017
Updated on: Jul 16, 2017
Price: $425,000

Property Description

The Home Trailer Court is a 7 unit trailer court located in Cascade County, Montana on the outskirts of Great Falls which maintains a current license to operate through the Montana Department of Public Health and Human Services. It is a small, privately owned court that has been well maintained by the owners, who have lived on the property for the last 18 years.

The seven trailers on the property are owned by the court and have been remodeled and maintained very well by the owners. Routine maintenance was completed annually. Each of the homes is individually fenced with their own storage shed on site. Lots 1 and 6 have their own private entrance and parking from Lower River Road, while the other 5 share a parking lot within the court. In addition to the residences, the property has a 30’ x 30’ shop with a 12’ x 30’ extension and a separate well house. The trailer court is serviced by a private well and two septic systems.

Park Information

Number of MH Lots:7
Total Occupancy:100.0%
Average MH Lot Rent: $775

Financial Information

Gross Income$66
Debt Info

Lot Information

Singlewide Lots:5
Doublewide Lots:2
Triplewide Lots:0
Park Model Lots:0

RV Information

Number of RV Lots:0

Utility Information

Water:Well
Sewer:Septic

Park-Owned Homes

Number of Park-owned Homes:7
Average Rent for Park-owned Homes: $775

Amenities and Other

Storage: Yes


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