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Shady Nook Court 250 Pioneer Dr 10 Unit Mobile Home Park $1,099,000 ($109,900/Unit) 6.59% Cap Rate Dillon, MT 59725

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INVESTMENT HIGHLIGHTS

  • very, very low vacancy
  • Recent upgrades include new metal roofs
  • increased revenue potential

EXECUTIVE SUMMARY

Take a look at this great investment property that currently has 10 manufactured homes with excellent rental history. Known to many as Shady Nook Court, there is plenty of space on this 2.94 acre property located near the Beaverhead River in beautiful SW Montana. A partial list of property upgrades within the last 7 years include septic, electric hook ups, road improvements, well pump and pump house. The current 10 manufactured homes are as follows: three 2008 3 bed 2 bath; 2016 3 bed 1 bath; 1986 3 bed 2 bath; 1973 3 bed 1 bath; 1978 4 bed 2 bath; 1971 2 bed 1 bath; 1989 4 bed 2 bath and a 1971 3 bed 2 bath.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $94,500 $11.58
Other Income - -
Vacancy Loss - -
Effective Gross Income $94,500 $11.58
Taxes $2,634 $0.32
Operating Expenses $19,485 $2.39
Total Expenses $22,119 $2.71
Net Operating Income $72,381 $8.87

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $94,500
Annual Per SF $11.58
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $94,500
Annual Per SF $11.58
Taxes
Annual $2,634
Annual Per SF $0.32
Operating Expenses
Annual $19,485
Annual Per SF $2.39
Total Expenses
Annual $22,119
Annual Per SF $2.71
Net Operating Income
Annual $72,381
Annual Per SF $8.87

PROPERTY FACTS

Price $1,099,000
Price Per Unit $109,900
Sale Type Investment
Cap Rate 6.59%
Sale Condition Business Value Included
No. Units 10
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 2.94 AC
Building Size 8,164 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 2008/2016
Zoning 1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-0326-07-4-02-07-0000
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$223,543 (2025)
Annual Taxes
$2,634 ($0.32/SF)
Tax Year
2024
  • Listing ID: 36431067

  • Date on Market: 6/26/2025

  • Last Updated:

  • Address: 250 Pioneer Dr, Dillon, MT 59725

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