1702 Dickie Road

    Billings, MT 59101
    • $1,250,000
    • STATUS: Active
    • ON SITE: 300 days
    • MLS #: 291718
    UPDATED: 74 min ago
    $1,250,000
    • 0
      BEDS
    • 2.93
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    11% Cap Rate. Well maintained 30 unit trailer park in rustic setting in Lockwood. Property consists of three one acre lots with 10 trailers per lot. Trailers are 2 and 3 bedroom with some trailers having been remodeled within the last two years. Some trailers have storage sheds and there is a large garage for storage of maintenance equipment. All units on City water and septic system. Presently 100% occupancy. Professionally managed for good passive income. Call for more information. Gregory Propp @ 406-647-5858.

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    © 2019 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 10/18/2019.
    www.billingshomesforsale.com/homes/90224277

    1702 Dickie Road Billings, MT 59101

    • Price: $1,250,000
    • Status: Active
    • Updated: 74 min ago
    • MLS #: 291718
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.93
    Acres
    1965
    Built
    Neighborhood:
    Pine Hill
    County:
    Yellowstone
    Area:
    (03) Lockwood/Emerald Hills
    Elementary School:
    Lockwood
    Middle School:
    Lockwood
    High School:
    Lockwood
    Property Description
    11% Cap Rate. Well maintained 30 unit trailer park in rustic setting in Lockwood. Property consists of three one acre lots with 10 trailers per lot. Trailers are 2 and 3 bedroom with some trailers having been remodeled within the last two years. Some trailers have storage sheds and there is a large garage for storage of maintenance equipment. All units on City water and septic system. Presently 100% occupancy. Professionally managed for good passive income. Call for more information. Gregory Propp @ 406-647-5858.
    Exterior Features

    Built Info Existing Construction Siding Metal Lot Description InteriorLandscapedTrees Misc Features Additional ParkingGas StoveLaundryStorageW/D Hookups Number Of Parking Spaces 60 Roof FlatMembraneMetal Style Detached

    Interior Features

    Heating Gas Forced Air Number Of Fireplaces 0 Number Of Levels 1

    Property Features

    Annual Rent Mult 4.6800 Annual SID 0 Cooling Swamp Disclosure On File Finance Type CashNew Loan Gross Income 288480 Insurance 1209 Net Income 149121 Operating Expenses 79360 Possession At Closing Property Sub Type Other Rent2 Bedrooms 750 Rent3 Bedrooms 850 Sewer Septic Tank Storage GarageShed Total Taxes 11487 Units2 Bedroom 24 Units3 Bedroom 6 Water Public Zone Other

    Listing information © 2019 Billings Association of Realtors MLS
    Listing courtesy of Gregory Propp of Berkshire Hathaway Hs Floberg
    © 2019 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 10/18/2019.
     
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    Billings MT, 59102