Contact Information

Mobile Home Park Details

  • Price: $20,000,000
  • Property ID: 1609045
  • Posted On: Feb 21, 2022
  • Updated On: Apr 18, 2022

Property Description

Capstone Manufactured Housing is pleased to present Village Estates at Billings. This 160-site offering presents a unique opportunity to acquire a truly passive investment in the rapidly expanding market of Billings MT, which was recently ranked #1 on Wall Street Journal’s Housing Market Index.

Located within village subdivision, all 160 lots have their own legal description, public direct-billed utilities and city-owned/maintained infrastructure, closer resembling the operations of a residential subdivision than that of a traditional MHP. Although the community runs like a traditional subdivision, there is no active Homeowners Association in place that would limit or impede on any operational control of an investor. This offering presents a one-of-a-kind investment opportunity, in one of the fastest growing markets in the county, with minimal oversight and an abundance of operational efficiencies.

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Park Information

Community Type: All Age
Number of MH Lots: 160
Total Occupancy: 99.0 %
Average MH Lot Rent: $530
Size: 20 acre(s)

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