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Listed price in listed location currency (USD).
$1,495,000

000

MLS® 358041

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 1216 sqft
Garage No
Taxes 
Days Active 0
Lot Size 40 acres
Approx. Age 1993
Avg. Price Per Sqft $1,229
MLS® Number 358041

Property Address: 1501 Plateau Rd, Billings, MT, 59105-4630

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a turnkey 40-acre income + equestrian property in Billings, MT. This unique investment features 8 park-owned mobile homes on private 1-acre pads, 2 large shops, and 6 independent horse pasture rentals with shelters, tack rooms, heated auto-waterers, electricity, and a shared outdoor arena. Scenic Seven Mile Creek runs through the land, enhancing both lifestyle appeal and long-term value. The property is 100% occupied with professional management in place, and tenants maintain their own gas and electric meters for low owner maintenance. With gross income of approx. $168, 000, NOI near $135, 000, and a strong 9% cap rate, this asset delivers immediate cash flow plus upside potential to add additional home sites, storage units, or build your own custom residence onsite. This is a rare blend of rural Montana living and solid investment performance.
MLS® Number358041
Laundry Level
Central VacNo
FireplaceNo
Acreage40
Exterior
GarageNo
Approx. Age1993
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 12, 2026List Date
$1,495,000List Price
  • Commute

Commute

Starting Address
Destination Address
1501 Plateau Rd, Billings, MT

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