Contact Information
Zack Michalies
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.
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 |