Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 13.0%
  • Property ID: 1110549
  • Posted On: Jul 23, 2019
  • Updated On: Nov 26, 2019

Property Description

Immaculately maintained smaller park with great rental income and long term tenants. Eleven lot spaces with 9 park owned trailers and one vacant space. New concrete sidewalks, keyed mailbox, paved drive, city water and sewer. Low overhead.

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: 11
Total Occupancy: 90.0 %
Year Built: 1979
Average MH Lot Rent: $300
Size: 1.0 acre(s)

Financial Information (Actual)

Gross Income $83,340
Operating Expense $23,365
Net Operating Income $59,974
Expense Ratio 28.0 %
Debt Info

Lot Information

Singlewide Lots: 11

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 9
Average Rent for Park-owned Homes: $725