Description
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711 Birch Ln, Billings, MT 59105
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14 Unit Mobile Home Park
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For Sale $1,486,000
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8.5% Cap Rate
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Net Operating Income = $126,349
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City Water, City Sewer, Natural Gas & Electric
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Zoned Residential Manufactured Home
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10 Seller Owned Mobile Homes, 4 Lot Rent
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Room for Expansion on 1 Acre of Excess Land Zoned Residential Manufactured Home
711 Birch Ln is a clean, well-managed, owner operated mobile home park located in the Billings Heights. With 14 mobiles currently and an extra 1 acre for possible expansion, a new owner has endless opportunities to both enjoy strong cashflow and create additional upside. All mobiles 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 during tenant turnover.
Address
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Address 711 Birch Ln, Billings
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Country United States
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Province/State Montana
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Postal code/ZIP 59105
Overview
- Property ID 28890
- Price $1,486,000.00
- Property Type Land, Multifamily
- Property status For Sale
- Year Built 1960
- Land area 1.9 ac
- Zoned RMH