5820 N Montana Avenue Helena, MT 59602
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
- Property TypeCommercial
- NeighborhoodN/A
- CountyLewis And Clark
- Taxes$28,350
- HOA/Condo/Coop Fees$0
- Days on Site31 Days
- MLS StatusActive
- MLS ID Number30020924
- Home Size Source Assessor
- Year Built1970
- Lot Size20.6 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Sewer Private SewerSeptic Tank
- Acreage 20.6
- Water Well
- Utilities Electricity ConnectedNatural Gas Connected
- Foundation Other
- Listing Conditions Standard
Interior Features
- Fireplace No
Exterior Features
- Waterfront Property No