5820 N Montana Avenue, Helena MT 59602

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$4,349,000

5820 N Montana Avenue, Helena, MT 59602

bedrooms

bathrooms

square feet

Acreage

20.6

Open Houses

year built

1970

Full Baths

Half Baths

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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 94-site mobile home and RV community offered for a 9.0% CAP rate. This property features on-site management, tenant owned homes and additional land for development. Projected NOI for 2024 is $400k. MOBILE HOME PARK: 51 Occupied Spaces 50 Tenant Owned Homes 1 LTO Lot Rent: $430 includes Water, Sewer & Garbage RV SPACES: 40 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. Rent raises in effect for Jan. 1. MHP spaces increase to $475/mo and long term RV spaces increase to $695/mo. See OM for plans to add Storage Facility including 258 10x20 storage units and 34 Long term RV Storage spaces

Location
Subdivision	-
County	Lewis and Clark
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Kotohomes Concierge 1, Kirsten Dehart, and their network of service providers about your inquiry and other home-related matters.

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MLS number: 30020924

Listing agent: Kirsten Dehart

Listing broker: Keller Williams Capital Realty (406) 449-2181

Last update: Tuesday, January 21 2025 at 9:13 p.m. EST

Kotohomes National