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833 Bench Blvd - Availability Details

833 Bench Blvd, Billings, MT 59105

  • For Sale $568,000
  • Property Type Multi-Family
  • Lot Size 42,732 Acre
  • Date Updated May 16, 2022
  • Website www.cbcworldwide.com
*Mobile Home Park *For Sale $568,000 *5.5% Cap Rate *8 Mobile Homes @ $395/mo Lot Rent *Tenant Owned Mobiles *Tenants Pay All Utilities Including Water/Sewer *Clean & Well Maintained *Attractive Bench Blvd Location Across from Baseball Fields *Low Maintenance Income Property *Zoned Residential Manufactured Home *Net Operating Income = $30,707
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Location

  • City Billings, MT
  • Neighborhood Billings Heights
  • Zip Code 59105

Contacts

broker

Nathan Matelich

Coldwell Banker Commercial CBS

(406) 656-2001

Highlights

  • Hard to find 8 unit mobile home park with 100% tenant owned mobiles. With virtually no maintenance responsibilities, this mobile home park provides a truly passive investment with consistent "mailbox money". Owner is currently raising lot rent to $395/mo with some mobile home parks in Billings collecting lots rents as high as $450/mo to $500/mo. City water and city sewer servicing all mobiles makes for a big plus.

Contact Listing Broker

broker

Nathan Matelich

Coldwell Banker Commercial CBS

(406) 656-2001

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