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5820 N Montana Avenue

Helena, MT 59602
  • $5,200,000
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: 30020924
Price Reduced
UPDATED: 73 min ago
$5,200,000
  • 0
    BEDS
  • 20.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Description

this offering presents the opportunity to acquire a stable, turn-key asset with upside in a fast-growing market in Montana. Helena Mobile Home Park is a 91-site mobile home and RV community offered for a 7.5% CAP rate. This property features on-site management, tenant owned homes and additional land for development. MOBILE HOME PARK: 51 Occupied Spaces 50 Tenant Owned Homes 1 LTO Lot Rent: $430 includes Water, Sewer & Garbage RV SPACES: 85 Long Term RV Sites 40 Full Service Sites @ $625/month plus electric 45 Electric Only Sites (Not part of DEQ licensure @ $525/month plus electric OTHER INCOME Studio Apartment 3 Bedroom Apartment Mailboxes Laundry Vending Storage Upside for Buyer: 1. Market rent for MHP spaces in Helena is $475 with current rents at $430 2. Market Rent for Long Term RV sites in Helena=$695. Potential for $60 lot rent raise. See OM for plans to add Storage Facility including 258 10x20 storage units and 34 Long term RV Storage spaces

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© 2024 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2024-05-25T19:18:39.69.
www.greatfallshomesearch.com/homes/148614584
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5820 N Montana Avenue Helena, MT 59602

  • Price: $5,200,000
  • Status: Active
  • On Site: 70 Days
  • Updated: 73 min ago
  • MLS #: 30020924
0
Beds
0
Baths
0
½ Baths
20.6
Acres
1970
Built
County:
Lewis And Clark
Area:
Helena
Property Description
this offering presents the opportunity to acquire a stable, turn-key asset with upside in a fast-growing market in Montana. Helena Mobile Home Park is a 91-site mobile home and RV community offered for a 7.5% CAP rate. This property features on-site management, tenant owned homes and additional land for development. MOBILE HOME PARK: 51 Occupied Spaces 50 Tenant Owned Homes 1 LTO Lot Rent: $430 includes Water, Sewer & Garbage RV SPACES: 85 Long Term RV Sites 40 Full Service Sites @ $625/month plus electric 45 Electric Only Sites (Not part of DEQ licensure @ $525/month plus electric OTHER INCOME Studio Apartment 3 Bedroom Apartment Mailboxes Laundry Vending Storage Upside for Buyer: 1. Market rent for MHP spaces in Helena is $475 with current rents at $430 2. Market Rent for Long Term RV sites in Helena=$695. Potential for $60 lot rent raise. See OM for plans to add Storage Facility including 258 10x20 storage units and 34 Long term RV Storage spaces
Exterior Features

Carport YN No Foundation Details Other Garage YN No Road Surface Type Asphalt Gravel Waterfront YN No

Interior Features

Basement YN No Fireplace YN No

Property Features

Building Area Total 5180 Business Type Mobile Trailer Park Listing Terms Cash Conventional Property Sub Type Building Land Sewer Private Sewer Septic Tank Special Listing Conditions Standard Structure Type Manufactured House Mixed Use Tax Annual Amount 28350 Tax Legal Description S06 T10 N R03 W C. O. S. 3343908 ACRES 20.6 TRACT A-1 Tax Year 2023 Utilities Electricity Connected Natural Gas Connected Water Source Well

Listing Agent: Kirsten Dehart
Listing Office: Keller Williams Capital Realty, Office Contact Info: 406-449-2181


© 2024 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2024-05-25T19:18:39.69.
 
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Willson Real Estate | Fathom Realty
207 Smelter Ave NE, #2
Great Falls MT, 59404