Photo of Multi Family Housing
Photo of Mobile Home Community
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.2%
- Listing ID: 1110107
- Posted On: Jul 22, 2019
- Updated On: Nov 26, 2019
Description
Price reduction! 124 lots with 65 park owned trailers. Lot rent hasn't been raised since 2014. City water and sewer.
Buyer to verify all park financials.
Call 406-616-2725 for inquiries if you cannot reach Dylan.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 124 |
| Total Occupancy: | 95.0 % |
| Year Built: | 1980 |
| Average MH Lot Rent: | $250 |
| Size: | 36 acre(s) |
Financial Information (Actual)
| Gross Income: | $531,708 |
| Operating Expense: | $208,983 |
| Net Operating Income: | $322,724 |
| Expense Ratio: | 39.3 % |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 64 |
| Average Rent for Park-owned Homes: | $500 |