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Sunrise Mobile Home & RV Park 309 S Minnesota St 36 Unit Mobile Home Park $500,000 ($13,889/Unit) Conrad, MT 59425

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EXECUTIVE SUMMARY

Sunrise Mobile Home & RV Park offers a value-add investment opportunity in Conrad with 31 mobile home pads and 6 seasonal RV sites. The park currently includes 9 tenant-owned homes, 4 park-owned homes under seller-financing, 2 park-owned rented, and 4 vacant park-owned homes listed for sale ($160,000 total). An additional 12 mobile home pads are vacant—several with electrical hookups in place—ready for infill and expansion. The 6 RV pads serve seasonal tenants, contributing steady short-term income during peak months. Major improvements include resurfaced roads, upgraded plumbing, laundry facility enhancements, and significant RV infrastructure upgrades. This is a rare opportunity to acquire a stabilized yet growth-ready asset with substantial upside through infill and mobile home sales.

PROPERTY FACTS

Price $500,000
Price Per Unit $13,889
Sale Type Investment
Sale Condition Business Value Included
No. Units 36
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 2.70 AC
Building Size 36,000 SF
Average Occupancy 48%
No. Stories 1
Year Built 1965

ABOUT 309 S MINNESOTA ST , CONRAD, MT 59425

Per owner, four newly placed mobile homes are being marketed separately by a local broker and may be bundled into sale negotiations. Rent increase took effect Nov 1 and is reflected in current rent roll. Pro forma financials and BOV available upon request. Buyer to verify pad readiness and electrical work needed for the 12 vacant pads. Recent capital improvements (roads, plumbing, laundry, RV) exceed $50K. Contact listing agent for rent roll, pro forma, and breakdown of occupied vs vacant units. View OM & Financials Here: https://www.theanalystpro.com/PackagePRO/Scott_Blumfield/sunrise_mobile_home_park.html

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 36 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-3987-23-1-16-02-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$183,574
  • Listing ID: 38613051

  • Date on Market: 12/1/2025

  • Last Updated:

  • Address: 309 S Minnesota St, Conrad, MT 59425

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