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Contact Information

Mobile Home Park Details

  • Price: $1,495,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 9.0% (Actual)
  • Listing ID: 7015451
  • Posted On: Mar 6, 2026
  • Updated On: Mar 11, 2026

Description

Rare 40-Acre Turnkey Mobile Home + Horse Property | 100% Occupied | 9.01% Cap Rate | Priced to Sell | Billings MT

Nestled between Antelope Hills and Bar 11 subdivisions, this exceptional 40-acre property gives you spacious 1-acre home sites with room to breathe — something you won't find in any other park in Billings.
Property includes:

8 park-owned mobile homes on private 1-acre pads
2 large shops
6 independent horse pasture rentals (each with shelter, tack room, heated auto-waterers, electricity + shared outdoor arena)
Seven Mile Creek runs through the property

100% occupied with professional property management already in place and running smoothly. Every tenant has their own gas and electric meters — super low maintenance for the owner.

HUGE owner perks: Plenty of room to build your own custom home and live onsite, or simply live in one of the existing rentals while the income rolls in. Room to add more mobile home sites or develop a storage facility for even more upside.
Financials:

Gross Income: $168,000/year
Operating Expenses: $26,223/year
Net Operating Income (NOI): $134,688/year
Asking Price: $1,495,000
Cap Rate: 9.01% — excellent return for this unique residential + equestrian property in the Billings market

Priced to sell — current owners are moving on to their next business opportunity and want this one closed quickly for the right buyer.

This is a true one-of-a-kind lifestyle + investment property with immediate strong cash flow and tons of future potential. Don't miss out!

Serious inquiries only — cash or conventional financing. Property is being sold "as-is" with all current tenants and management in place.

Call or text preferred: 4068613260
Email: zmichalies@hotmail.com

Location

The property is located between Barr 11 and Antelope Hills in Billings MT.

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

Park Information

Number of MH Lots: 8
Total Occupancy: 100.0 %
Year Built: 2013
Size: 40 acre(s)

Financial Information (Actual)

Gross Income: $168,000
Operating Expense: $26,223
Net Operating Income: $134,688
Expense Ratio: 15.6 %

Lot Information

Singlewide Lots: 7
Doublewide Lots: 1

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 8
Average Rent for Park-owned Homes: $1,415