$1003.86 Per Sq Foot $27,915 est/mo Sourced by Back At You

5820 N Montana Avenue,Helena, MT 59602

Helena MT, 59602

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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

Details

MLS#30020924
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1970
Days On Site72
Listing Provided ByKeller Williams Capital Realty | Kirsten DeHart

Features

SQ Feet5,180
Acreage20.60
The information is being provided by Montana Regional MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Montana Regional MLS. All Rights Reserved.

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Listings Checked: 1 second ago
StateMT
CountyLewis and Clark
CityHelena
Zip Code59602
Listing VS Median (in 59602)
Price:
$5,200,000
low | high
Med:
$675,000
100% of Average
SqFt:
5,180
low | high
Med:
2,400
100% of Average
$ / SqFt:
$1,004
low | high
Med:
$281
100% of Average
On Site:
72
low | high
Med:
26.000000
100% of Average
Sourced by Back At You
Listing Updated: May 23, 2024 at 9:25:40 AM PDT