547 S Billings Blvd
Description
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547 S Billings Blvd, Billings, MT 59101
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7 Unit Mobile Home Park + Single Family Home
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For Sale $1,025,000
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8.6% Cap Rate
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Net Operating Income = $88,512
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City Water, City Sewer, Natural Gas & Electric
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Zoned Residential Manufactured Home
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Single Family Home Has Been Completely Remodeled with New Roof, Windows, Paint & Remodeled Interior
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7 Seller Owned Mobile Homes
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Room to Add 1-2 More Mobile Homes (Pending City Approval)
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Well Water & Automatic Sprinklers
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2 Storage Sheds – 1 for Landlord Storage, 1 for Tenant Storage
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.
Address
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Address 547 S Billings Blvd, Billings
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Country United States
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Province/State Montana
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Postal code/ZIP 59101
Overview
- Property ID 28908
- Price $1,025,000.00
- Property Type Land, Multifamily, Specialty
- Year Built 1935
- Land area 1.2 ac
- Zoned RMH