547 S Billings Blvd - Manufactured Housing/Mobile Housing FOR SALE


Billings, MT 59101
$1,025,000 USD
406-781-6889
547 S Billings Blvd, Billings, MT for Sale
$1,025,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/8
null | 8.64% Cap Rate

547 S Billings Blvd
Billings, MT 59101


OVERVIEW

547 S Billings Blvd is a clean, well-managed, owner operated mobile home park located in the Billings Heights. With 7 mobiles, single family home and an extra room for possible expansion (pending city approval), a new owner has endless opportunities to both enjoy strong cashflow and create additional upside. All mobiles & house are connected to city services. This mobile home park exemplifies true pride of ownership as the seller has performed a light remodel to each seller owned mobile & house during tenant turnover.

FOR SALE DETAILS

PRICE

$1,025,000 USD

PRICE/SF

$225 USD /SF

# OF UNITS

7

PRICE/UNIT

$146,429

CAP RATE

8.64%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

RMH

APN/PARCEL ID

03-0927-09-3-10-12-0000

ASK ABOUT THIS PROPERTY

Nathan Matelich, CCIMColdwell Banker CommercialMore Info
406-781-6889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Nathan Matelich, CCIMColdwell Banker CommercialMore Info
406-781-6889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.