Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 7.0%
  • Listing ID: 3664825
  • Posted On: Sep 8, 2023
  • Updated On: Nov 21, 2023


Calling all investors! Cowboy Country Mobile Home Park is just west of Glendive, MT. The Mobile home park consists of 19 existing home sites, two wells, and two septics. Currently 12 of the 19 existing home sites are leased at 275/month. There is county approval to add an additional 19 homesites for a total of 38 homesites. Residents are responsible for lot maintenance, electric, gas (propane can be used), and phone (internet). For the remote investors there is already a manager in place and he would like to stay. Don't miss this incredible investment opportunity!

Currently 12 sites are leased at 275/month. CBCMHP has 19 sites currently ready for lease. There is room to expand up to 38 mobile home sites with well and septic expansion. There are 3 wells and 3 septics on site but only 2 wells and 2 septics have been used in the last few years. Monthly Expenses 330 local park manager 156 garbage service 77 electric (well pump and well power) 72 taxes 9 licenses 24 insurance 668 total monthly expenses Full financial package can be shared after signed CA.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 19
Total Occupancy: 70.0 %
Year Built: 1981
Average MH Lot Rent: $275
Size: 16 acre(s)

Financial Information (Actual)

Gross Income: $29,700
Operating Expense: $8,016
Expense Ratio: 27.0 %

Lot Information

Singlewide Lots: 11
Doublewide Lots: 8

RV Information

Number of RV Lots: 0

Utility Information

Water: Well
Water Paid By: Tenant - Individual Service
Sewer: Septic