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547 S Billings Blvd
Billings, MT 59101
Multifamily Property For Sale
·
4,550 SF
EXECUTIVE SUMMARY
547 S Billings Blvd is a clean, well-managed, owner operated mobile home park located in the Billings Heights. With 7 mobiles, single family home and an extra room for possible expansion (pending city approval), a new owner has endless opportunities to both enjoy strong cashflow and create additional upside. All mobiles & house are connected to city services. This mobile home park exemplifies true pride of ownership as the seller has performed a light remodel to each seller owned mobile & house during tenant turnover.
PROPERTY FACTS
| Price Per Unit | $146,429 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.29 AC |
| Cap Rate | 8.64% | Building Size | 4,550 SF |
| No. Units | 7 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built/Renovated | 1946/2025 |
| Apartment Style | Single-Family Home | Parking Ratio | 10/1,000 SF |
| Zoning | RMH | ||
| Price Per Unit | $146,429 |
| Sale Type | Investment |
| Cap Rate | 8.64% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 1.29 AC |
| Building Size | 4,550 SF |
| Average Occupancy | 90% |
| No. Stories | 1 |
| Year Built/Renovated | 1946/2025 |
| Parking Ratio | 10/1,000 SF |
| Zoning | RMH |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Washer/Dryer Hookup
- Refrigerator
- Oven
- Handrails
SITE AMENITIES
- Trash Pickup - Curbside
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 30 | - | - |
| 3+2 | 3 | - | - |
PROPERTY TAXES
| Parcel Number | 03-0927-09-3-10-12-0000 | Improvements Assessment | $223,536 |
| Land Assessment | $83,136 | Total Assessment | $306,672 |
PROPERTY TAXES
Parcel Number
03-0927-09-3-10-12-0000
Land Assessment
$83,136
Improvements Assessment
$223,536
Total Assessment
$306,672
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