Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 10.0%
- Listing ID: 832895
- Posted On: Jul 16, 2017
- Updated On: Jan 20, 2019
Description
The Home Trailer Court is a 7 unit trailer court located in Cascade County, Montana on the outskirts of Great Falls which maintains a current license to operate through the Montana Department of Public Health and Human Services. It is a small, privately owned court that has been well maintained by the owners, who have lived on the property for the last 18 years.
The seven trailers on the property are owned by the court and have been remodeled and maintained very well by the owners. Routine maintenance was completed annually. Each of the homes is individually fenced with their own storage shed on site. Lots 1 and 6 have their own private entrance and parking from Lower River Road, while the other 5 share a parking lot within the court. In addition to the residences, the property has a 30’ x 30’ shop with a 12’ x 30’ extension and a separate well house. The trailer court is serviced by a private well and two septic systems.
Amenities
- Storage
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 7 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $800 |
Financial Information
| Gross Income: | $68,700 |
Lot Information
| Singlewide Lots: | 5 |
| Doublewide Lots: | 2 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | Well |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 7 |
| Average Rent for Park-owned Homes: | $800 |