MLS # 30020924
5820 N Montana Avenue, Helena, MT 59602

MLS 30020924 $5,655,000

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

Contact

Joyner Realty LLC.
Helena, Montana 59601
(406) 558-4767

Architecture

Building Area Source: Assessor
Building Area Total: 5180
Foundation Details: Other
Structure Type: Manufactured House, Mixed Use
Year Built: 1970
Year Built Source: Other

Property Features

Lot Size Acres: 20.6
Lot Size Source: Assessor
Lot Size Square Feet: 897336
Road Surface Type: Asphalt, Gravel

Utilities

Sewer: Private Sewer, Septic Tank
Utilities: Electricity Connected, Natural Gas Connected
Water Source: Well

Location

Directions: Head north from Helena on Montana Ave and property is on left.

Legal and Taxes

Parcel Number: 05188806115400000
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

Business

Business Type: Mobile Trailer Park

Realtor

Property Sub Type: Building Land
Property Type: Commercial Sale

© 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. Listed By: Kirsten De Hart, Keller Williams Capital Realty, 130 Neill Ave, Helena, MT, 59601


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