$5,200,000
Active
19 Days Online
0 Beds0 Baths5,180 SQFT
Active

5820 N Montana Avenue Helena, MT 59602

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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 Site19 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

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Monthly Payment (Est.)

$27,509
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