711 Birch Ln - Manufactured Housing/Mobile Housing FOR SALE


Billings, MT 59105
$1,486,000 USD
406-781-6889
711 Birch Ln, Billings, MT for Sale
$1,486,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/16
null | 8.92% Cap Rate

711 Birch Ln
Billings, MT 59105


HIGHLIGHTS

  • 1 acre of excess land for future expansion
  • Located in Billings Heights near major retail and services
  • Established mobile home park with 14 units and city services

OVERVIEW

Positioned in the growing Billings Heights submarket, 711 Birch Ln offers investors a rare opportunity to acquire a well-maintained, income-producing mobile home park with significant upside potential. The property spans 1.9 acres and includes 14 units—10 seller-owned homes and 4 lot rentals—providing stable cash flow supported by city utilities and professional management. With a strong 8.5% cap rate and a net operating income of $126,349, this asset delivers immediate returns while offering room for expansion on an additional acre of excess land. The park reflects pride of ownership, with light remodels completed during tenant turnover, ensuring quality living conditions and tenant satisfaction. Located in Billings Heights, the property benefits from proximity to major retailers such as Wells Fargo, Planet Fitness, and Dollar Tree, as well as quick access to Wicks Lane and Bench Boulevard for seamless connectivity. Demographics within a one-mile radius show an average household income of $72,944 and a population nearing 10,000, underscoring strong demand for affordable housing. This investment combines operational stability with growth potential, making it an ideal addition to any portfolio focused on manufactured housing or value-add opportunities in Montana’s largest city.

FOR SALE DETAILS

PRICE

$1,486,000 USD

PRICE/SF

$163 USD /SF

# OF UNITS

14

PRICE/UNIT

$106,143

CAP RATE

8.92%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

RMH

APN/PARCEL ID

03-1033-22-4-13-01-9114

ASK ABOUT THIS PROPERTY

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

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

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