2133 Arrow Creek

    Ballantine, MT 59006
    • $625,000
    • STATUS: Active
    • ON SITE: 103 days
    • MLS #: 286789
    UPDATED: 57 min ago
    $625,000
    • 0
      BEDS
    • 8.55
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Mobile Home Park- 24 units- investment opportunity. 20 mobiles owned by the seller, 2 pay lot rent, 1 managers house, 2 open spaces. Property sits on 8.55 acres and there is possibility for expansion. On-site manager. Awesome cash flow- 11% NOI/CAP rate. Coverage ratio- 1.75

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    © 2018 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. Terms & Conditions Data last updated 10/22/2018.
    www.billingshomesforsale.com/homes/85443677

    2133 Arrow Creek Ballantine, MT 59006

    • Price: $625,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 286789
    0
    Beds
    0
    Baths
    0
    ½ Baths
    8.55
    Acres
    1972
    Built
    Neighborhood:
    Arrow Creek Mobile Home Park
    County:
    Yellowstone
    Area:
    (10) Shepherd;Huntley;Ballatine;Worden;Pompeys Pillar
    Elementary School:
    Huntley Project
    Middle School:
    Huntley Project
    High School:
    Huntley Project
    Property Description
    Mobile Home Park- 24 units- investment opportunity. 20 mobiles owned by the seller, 2 pay lot rent, 1 managers house, 2 open spaces. Property sits on 8.55 acres and there is possibility for expansion. On-site manager. Awesome cash flow- 11% NOI/CAP rate. Coverage ratio- 1.75
    Exterior Features

    Built Info Existing Construction Siding Frame Misc Features Additional Parking Number Of Parking Spaces 26 Roof Asphalt Style Other

    Interior Features

    Heating Propane Number Of Fireplaces 0 Number Of Levels 1

    Property Features

    Annual SID 0 Cooling None Disclosure Not On File Finance Type CashNew Loan Gross Income 124800 Insurance 5000 Net Income 80000 Operating Expenses 50000 Possession At Closing Property Sub Type Other Sewer Septic Tank Storage Separate Total Taxes 2200 Water Well Zone Other

    Listing information © 2018 Billings Association of Realtors MLS
    Listing courtesy of Christy Fenno of Metro, Realtors L.L.P
    © 2018 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. Terms & Conditions Data last updated 10/22/2018.
     
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    Billings MT, 59102